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NEW YORK – VICI Properties Inc. (NYSE:VICI), a $34 billion market cap real estate investment trust (REIT) trading near its 52-week high, announced the results of its 2025 Annual Meeting of Stockholders held today. According to InvestingPro analysis, VICI maintains a "GREAT" financial health score and currently offers a 5.37% dividend yield. The meeting addressed the election of directors, ratification of the independent auditor, and an advisory vote on executive compensation.
All seven director nominees were elected to serve until the 2026 Annual Meeting. The directors, including James R. Abrahamson, Diana F. Cantor, Monica H. Douglas, Elizabeth I. Holland, Craig Macnab, Edward B. Pitoniak, and Michael D. Rumbolz, received a majority of votes cast with over 929 million votes in favor for each nominee. Votes against ranged from approximately 403,000 to 3.2 million, with abstentions below 1 million for all nominees. Additionally, there were over 41 million broker non-votes for each director.
In the second proposal, shareholders ratified the appointment of Deloitte & Touche LLP as VICI’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with approximately 979 million votes in favor, 3.7 million against, and 648,000 abstentions.
The third proposal, an advisory vote on the compensation of the company’s named executive officers, also passed with around 900 million votes in favor, 40.5 million against, and 1.1 million abstentions, alongside over 41 million broker non-votes.
The definitive proxy statement for the Annual Meeting was filed with the U.S. Securities and Exchange Commission on March 17, 2025, providing detailed information on the proposals.
VICI Properties Inc., headquartered in New York, is incorporated in Maryland and operates within the Real Estate & Construction sector. The company, along with VICI Properties L.P., a Delaware limited partnership, is listed on the New York Stock Exchange under the ticker symbol VICI.
This report is based on a press release statement and provides a summary of the key outcomes from the Annual Meeting, reflecting the shareholders’ decisions on the governance of the company for the coming year.
In other recent news, VICI Properties Inc. has announced the pricing of a $1.3 billion public offering of senior unsecured notes. This offering includes $400 million at a 4.750% interest rate due in 2028 and $900 million at a 5.625% interest rate due in 2035. The proceeds will be used to address existing debt obligations, with a focus on debt maturing in 2025. Analysts from Stifel have responded by raising the stock price target to $34.25, emphasizing the strategic management of VICI’s debt maturities. Meanwhile, JMP analysts have maintained a Market Outperform rating with a $35.00 price target, noting the company’s strong financial management and consistent rent collection. VICI Properties recently held its Annual Meeting of Stockholders, where all director nominees were elected, and Deloitte & Touche LLP was ratified as the independent auditor. Additionally, shareholders approved the executive compensation plan. These developments highlight VICI Properties’ proactive financial strategies and ongoing shareholder support.
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