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VICI Properties announces prorated Q1 dividend

VICI Properties Inc. will pay a prorated quarterly cash dividend of 16 cents per common share, which covers the period from the company's Feb. 5 IPO closing through March 31, and is based on a quarterly payout rate of 26.25 cents apiece.

The experiential-asset real estate investment trust said stockholders of record as of the close of business March 29 will receive the dividend April 13.

The company also said Senior Vice President and Chief Accounting Officer Kenneth Kuick resigned, in connection with the relocation of the company's accounting and other functions from Las Vegas to New York.