Increase Positions in Two Stocks Yielding Dividends Now

Increase Investments in These Two High-Yield Dividend Stocks Immediately

In the world of investments, two companies stand out for their dividend potential and growth: VICI Properties and ConocoPhillips.

VICI Properties, a leading player in experiential real estate, has built one of the country's largest portfolios in this sector. The company often partners with top-tier experiential companies, providing capital for expansion through various financing methods, including sale-leaseback transactions, real estate loans, and other financing.

VICI Properties' portfolio includes market-leading destinations in gaming, hospitality, wellness, entertainment, and leisure. The properties are leased to high-quality operating companies under long-term, triple-net leases (NNN), ensuring a steady stream of income. In fact, VICI Properties currently offers a dividend yield over 5%, making it an attractive income investment.

Moreover, VICI Properties has demonstrated a commitment to dividend growth. Since its inception, the company has increased its dividend payment every year, growing its dividend payout at a 7.4% compound annual rate. This growth rate is significantly faster than other REITs focused on NNN real estate.

On the other hand, ConocoPhillips, a dividend stock (COP), is making waves in the energy sector. The company's recent merger with Marathon Oil has resulted in more cost savings than anticipated. ConocoPhillips is currently producing significant free cash flow at an oil price point in the upper $60s.

Looking ahead, ConocoPhillips' investments in global Liquified Natural Gas (LNG) projects and the Willow development in Alaska are expected to add another $6 billion in incremental free cash flow to its annual total by 2029. These long-term investments are expected to fuel free-cash-flow growth over the coming years.

ConocoPhillips' dividend yield is over 3%, more than double the S&P 500's 1.2% yield. The company intends to deliver dividend growth within the top 25% of companies in the S&P 500 in the future. By the end of next year, ConocoPhillips expects to deliver additional cost and margin enhancements from its merger.

In conclusion, both VICI Properties and ConocoPhillips present attractive opportunities for investors seeking dividend growth. VICI Properties offers a high dividend yield and a track record of consistent growth, while ConocoPhillips' strong position in the energy sector and ambitious growth plans make it a compelling choice. As always, it's essential to do thorough research and consider your investment goals before making any decisions.