Why I Can’t Stop Buying This Nearly 6%-Yielding Dividend Stock
Generating passive income is a big part of my investment strategy. My goal is to eventually make enough passive income each month to offset all my family’s regular expenses. That would give me and my wife more flexibility, in terms of finances and our time.
My core strategy is investing in higher-yielding dividend stocks that steadily increase their payouts. Vici Properties (NYSE: VICI) certainly fits the bill. Here’s why I recently bought more shares of the real estate investment trust (REIT), my third purchase in the past two months, and will probably continue doing so in the coming months.
Vici Properties’ dividend yield is currently over 5.9%. That’s well above the S&P 500‘s 1.2% yield. It’s approaching the highest level…
