VCRB's high dividend yield (7.76%) makes it intriguing despite slowing growth.

Since going public, it has been popular with investors looking for dividend growth and is currently trading at a 52-week low. Well, I'm deciding to put 'VC Properties' on the list today.

This is quite interesting. They own the real estate of many casinos in Las Vegas. They are much more concentrated than companies like O.

The stock has fallen 20% in the last 5 years and 25% in the last year, and it just hit a new 52-week low. But, if we look at dividends, that's exactly why I wanted to talk about it.

Its yield or dividend rate has increased to 7.76%.

However, they don't have a very long history of increasing dividends. They were listed as a public company in 2018. Since then, they have been increasing their dividends every year.

The dividend has increased by 27.78% in the last 5 years. This is a 5% compound annual growth rate. Although this rate has been slowing somewhat, it has been 3.4% over the last 3 years.

This is a 3-year CAGR. And the latest dividend growth rate is 2.2%. This is not very good.

But to be honest, dividend yields are now becoming quite attractive. 7.76% is the highest in the last 5 years. The average dividend yield at that time was 5.31%. So, this is the one that is giving the highest yield among the stocks I am sharing today.

And it is in the 99th percentile of all time. Only during the peak of the Covid pandemic was the dividend yield higher than this, when it reached 10%, and there were reasons behind that.

At that time, many types of REITs (REITs) were severely affected. So, it's quite intriguing that it's coming back and