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Why We’re Raising Our Stake in This 7%+ Dividend Payer

For income-focused investors, few profiles are more compelling than a real estate owner collecting resilient rent checks at a forward dividend yield of 7.12%. This gaming-focused REIT sits at the center of mission-critical casino and entertainment properties across the U.S., using long-term triple-net leases to convert tenant activity into steady rental income and a quarterly dividend of $0.78 per share. A growing portfolio, disciplined financing, and stable coverage ratios underpin a payout that aims to stay both generous and repeatable, even as management funds new development and acquisition opportunities.

Yield Vs Benchmark 0.00% 1.80% 3.60% 5.40% 7.20% 9.00% Pick 7.12% Benchmark (HDV) 3.09%

Recent results highlight the engine behind that yield. Real estate income continues to climb as newly acquired assets contribute incremental rent, while embedded escalators lift cash flow on existing properties. The company has been actively deploying capital into new gaming and mixed-use real estate at attractive cap rates, all while extending its balance sheet runway through bond issuance, debt redemption, and equity raises. At the same time, investors must weigh sizable, multi-year development commitments and the usual leverage and tenant risks that accompany a capital-intensive, sector-focused REIT model.

As a result, this name fits squarely within the Best High Dividend Stocks Portfolio’s mandate: pairing elevated yield with a disciplined, cash-flow-backed framework rather than pure speculation. By increasing our position, we are leaning further into the combination of high current income, visible rent growth, and measured balance sheet risk that this holding offers, while still recognizing that execution on large projects and tenant fundamentals will remain key watchpoints for long-term, high-yield investors.

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