<h2>关键要点</h2>
<ul>
<li>投资者对赌场股票的负面情绪对 VICI Properties 造成了压力；然而，这家收益率为 6.1% 的赌场房地产投资信托（REIT）可能相对免疫于严重的经济下滑。</li>
<li>Verizon Communications 最近宣布的重组计划可能会改善这家电信巨头的业绩，其前瞻性股息收益率为 6.75%。</li>
<li>Wendy's 的前瞻性收益率为 6.5%，并可能有走出当前低迷的路径。</li>
<li>我们更看好的 10 只股票超过 VICI Properties ›</li>
</ul>
<p>考虑到在股息股票中价值陷阱和收益陷阱的普遍存在，投资者对加倍投资于高收益的表现不佳的股票感到犹豫是可以理解的。毕竟，当一只高股息股票的价格下跌时，市场往往是在试图传达某种信息，比如 “股息削减即将来临” 或 “收益即将暴跌”。</p>
<p>然而，有时市场对短期不良消息和财务表现的反应过度，过于外推其对未来的预测。</p>
<p>虽然尚不确定，但有证据表明，这可能是这三只股息股票的情况：<strong>VICI Properties</strong>（NYSE: VICI）、<strong>Verizon Communications</strong>（NYSE: VZ）和 <strong>Wendy's</strong>（NASDAQ: WEN）。它们都有高股息收益率，受到压力，并可能在 2026 年迎来大幅反弹。</p>
<p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/v7HCfgUeOx6sIEXkWJA3ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/motleyfool.com/fcb6126aae0612bfac5ecb8acf23a68c?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="960" height="640" original-src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/v7HCfgUeOx6sIEXkWJA3ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/motleyfool.com/fcb6126aae0612bfac5ecb8acf23a68c"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. 对 VICI Properties 的旅游下滑担忧可能被夸大了</h2>
<p>VICI Properties 是一家房地产投资信托（REIT），专注于通过销售 - 租回交易收购赌场和游戏相关的房地产。VICI 拥有 54 处物业，包括拉斯维加斯大道的大部分，以及其他主要美国游戏目的地的一些大型赌场。</p>
<p>今年早些时候，VICI 的股票表现相对良好，但最近几个月，VICI 的股价经历了持续下跌，从 52 周高点下跌超过 15%。对赌场股票的负面情绪可能已经蔓延到这家 REIT。此外，人们担心 VICI 可能很快会降低 REIT 向 <strong>Caesars Entertainment</strong> 租赁的物业的年基本租金。</p>
<p>然而，即使 VICI 同意降低租金，它也可能会获得一些回报，包括可能以有利条件收购新物业。</p>
<p>与此同时，经过最近的疲软，这只股票的前瞻性股息收益率为 6.1%。今天购买，不仅可以开始收取这笔收益，而且任何对 Caesars 问题的解决都可能导致股价反弹。</p>
<h2>2. 最近的重组消息可能对 Verizon 的股息和估值有利</h2>
<p>Verizon Communications 的股票在 2025 年技术上处于上涨状态，但这只电信股的表现落后于大盘，不仅仅是这一年。在过去十年中，Verizon 的股票下跌了 10%，而 <strong>标准普尔 500 指数</strong>（SNPINDEX: ^GSPC）上涨了近 245%。这种股价缺乏上涨使得购买该股票的合理性受到质疑，即使它的前瞻性收益率为 6.7%，更不用说 20 年的股息增长记录。</p>
<p>然而，在新任首席执行官 Dan Schulman 的领导下，公司已经开始通过对其成本结构进行全面改革来 “建立一个更好的 Verizon”。只有时间能证明，但更好的时光和更好的投资回报可能在前方。降低运营费用可能会导致盈利能力提高，从而增强股息覆盖率。</p>
<p>市场也可能会奖励一个更精简、更高效的 Verizon，给予其更高的前瞻性收益倍数。目前，该股票的交易价格约为前瞻性收益的 8.5 倍。与 <strong>AT&amp;T</strong> 和 <strong>T-Mobile US</strong> 等竞争对手相比，后者的前瞻性收益倍数分别为 11 倍和 16 倍。</p>
<p>这并不是说 Verizon 有一天会经历足够的估值扩张，将其前瞻性市盈率推高到中十几倍。然而，即使股价重新评估到 AT&amp;T 的估值，这也意味着 Verizon 的股价将上涨近 30%。</p>
<h2>3. Wendy's 是另一个高收益的知名品牌转型故事</h2>
<p>就像 Verizon 一样，Wendy's 也是一个试图进行转型的家喻户晓的名字。这家快餐特许经营商在过去 12 个月中，其股价下跌了 50%。这归因于公司收入的持续下降，加上更高成本对需求和盈利能力的影响。然而，在未来一年，Wendy's 的情况可能有显著改善的潜力。</p>
<p>目前，公司管理层正在采取多种措施，包括简化菜单和投资技术，以提高现有门店的盈利能力。Wendy's 还在积极减少门店数量。公司最近宣布计划关闭数百家表现不佳的门店。</p>
<p>卖方分析师的估计尚未考虑到潜在的增长改善，但这一事实可能对你有利。在抛售之后，Wendy's 的股票交易价格不到前瞻性收益的 10 倍，当前的前瞻性股息收益率为 6.5%。</p>
<p>现在购买以收取这笔高额收益，如果转型成功，未来股价可能会大幅上涨。在过去，股票的前瞻性市盈率约为 15 倍。</p>
<h2>你现在应该购买 Vici Properties 的股票吗？</h2>
<p>在你购买 Vici Properties 的股票之前，请考虑以下几点：</p>
<p>_Motley Fool Stock Advisor_分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 Vici Properties 并不在其中。这 10 只入选的股票在未来几年可能会产生巨额回报。</p>
<p>考虑到 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 505,695 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 1,080,694 美元</strong>！*</p>
<p>现在，值得注意的是 <em>Stock Advisor</em> 的总平均回报率为 962% — 远超标准普尔 500 指数的 193%。<strong>不要错过最新的前 10 名股票名单，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
<p><strong>查看 10 只股票 »</strong></p>
<p><em>*Stock Advisor 的回报截至 2025 年 12 月 15 日</em></p>
<p><em>Thomas Niel 在提到的任何股票中均没有持仓。The Motley Fool 推荐 T-Mobile US、Verizon Communications 和 Vici Properties。The Motley Fool 有披露政策。</em></p>
<p>《现在值得加倍投资的 3 只分红股票》最初由 The Motley Fool 发布</p>

VICI

威瑞森

<p>这篇文章强调了三只被低估的股息股票：VICI Properties、威瑞森和温迪汉堡。VICI Properties 是一家赌场房地产投资信托，提供 6.1% 的收益率，尽管近期有所下滑，但可能会反弹。威瑞森的收益率为 6.75%，正在进行重组以实现潜在增长。温迪汉堡的收益率为 6.5%，正在实施变革以提高盈利能力。文章建议，尽管当前面临压力，这些股票到 2026 年可能会出现显著反弹</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><ul>
<li>Negative investor sentiment about casino stocks has weighed on VICI Properties; however, this casino REIT, which yields 6.1%, may be relatively immune to a severe downturn.</li>
<li>Verizon Communications' recently announced turnaround plan could lead to improved results for the telecom giant, which has a forward dividend yield of 6.75%.</li>
<li>Wendy's has a forward yield of 6.5% and may have a path out of its current slump.</li>
<li>10 stocks we like better than Vici Properties ›</li>
</ul>
<div class="lb-trans"><ul>
<li>投资者对赌场股票的负面情绪对 VICI Properties 造成了压力；然而，这家收益率为 6.1% 的赌场房地产投资信托（REIT）可能相对免疫于严重的经济下滑。</li>
<li>Verizon Communications 最近宣布的重组计划可能会改善这家电信巨头的业绩，其前瞻性股息收益率为 6.75%。</li>
<li>Wendy's 的前瞻性收益率为 6.5%，并可能有走出当前低迷的路径。</li>
<li>我们更看好的 10 只股票超过 VICI Properties ›</li>
</ul>
</div><p>Given the prevalence of value traps and yield traps among dividend stocks, it's understandable if investors are hesitant to double down on a poor performer with a high yield. After all, by sending a stock with a high dividend to lower prices, often the market is trying to tell you something, like &#34;a dividend cut is imminent,&#34; or &#34;earnings are about to fall off a cliff.&#34;</p>
<div class="lb-trans"><p>考虑到在股息股票中价值陷阱和收益陷阱的普遍存在，投资者对加倍投资于高收益的表现不佳的股票感到犹豫是可以理解的。毕竟，当一只高股息股票的价格下跌时，市场往往是在试图传达某种信息，比如 “股息削减即将来临” 或 “收益即将暴跌”。</p>
</div><p>However, sometimes, the market overreacts to poor short-term news and financial performance, overly extrapolating it in its predictions for the future.</p>
<div class="lb-trans"><p>然而，有时市场对短期不良消息和财务表现的反应过度，过于外推其对未来的预测。</p>
</div><p>While it is not certain, there is evidence to suggest that this may be the case with these three dividend stocks: <strong>VICI Properties</strong>(NYSE: VICI), <strong>Verizon Communications</strong>(NYSE: VZ), and <strong>Wendy's</strong>(NASDAQ: WEN). Each has a high dividend yield, has come under pressure, and could be in for a big rebound in 2026.</p>
<div class="lb-trans"><p>虽然尚不确定，但有证据表明，这可能是这三只股息股票的情况：<strong>VICI Properties</strong>（NYSE: VICI）、<strong>Verizon Communications</strong>（NYSE: VZ）和 <strong>Wendy's</strong>（NASDAQ: WEN）。它们都有高股息收益率，受到压力，并可能在 2026 年迎来大幅反弹。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/v7HCfgUeOx6sIEXkWJA3ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/motleyfool.com/fcb6126aae0612bfac5ecb8acf23a68c" alt="" original-src="https://s.yimg.com/ny/api/res/1.2/v7HCfgUeOx6sIEXkWJA3ag--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/motleyfool.com/fcb6126aae0612bfac5ecb8acf23a68c"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. Tourism downturn concerns are likely overblown with VICI Properties</h2>
<div class="lb-trans"><h2>1. 对 VICI Properties 的旅游下滑担忧可能被夸大了</h2>
</div><p>VICI Properties is a real estate investment trust (REIT) specializing in acquiring casino and gaming-related real estate through sale-leaseback transactions. VICI owns 54 properties , including much of the Las Vegas Strip, as well as some of the largest casinos located in other major U.S. gaming destinations.</p>
<div class="lb-trans"><p>VICI Properties 是一家房地产投资信托（REIT），专注于通过销售 - 租回交易收购赌场和游戏相关的房地产。VICI 拥有 54 处物业，包括拉斯维加斯大道的大部分，以及其他主要美国游戏目的地的一些大型赌场。</p>
</div><p>Earlier this year, shares were holding up relatively well, but in recent months, VICI shares experienced a steady decline in prices, falling more than 15% from its 52-week high. Negative sentiment about casino stocks has likely spilled over to this REIT. Moreover, there are concerns that VICI may soon lower the annual base rent on properties leased by the REIT to <strong>Caesars Entertainment</strong>.</p>
<div class="lb-trans"><p>今年早些时候，VICI 的股票表现相对良好，但最近几个月，VICI 的股价经历了持续下跌，从 52 周高点下跌超过 15%。对赌场股票的负面情绪可能已经蔓延到这家 REIT。此外，人们担心 VICI 可能很快会降低 REIT 向 <strong>Caesars Entertainment</strong> 租赁的物业的年基本租金。</p>
</div><p>However, even if VICI agrees to a rent decrease, it'll likely receive something in return, including possibly the acquisition of a new property on favorable terms.</p>
<div class="lb-trans"><p>然而，即使 VICI 同意降低租金，它也可能会获得一些回报，包括可能以有利条件收购新物业。</p>
</div><p>In the meantime, following the recent weakness, this stock has a forward dividend yield of 6.1%. Buying today, not only could you start collecting this payout, but chances are, any sort of resolution to the Caesars issue will lead to a rebound for shares.</p>
<div class="lb-trans"><p>与此同时，经过最近的疲软，这只股票的前瞻性股息收益率为 6.1%。今天购买，不仅可以开始收取这笔收益，而且任何对 Caesars 问题的解决都可能导致股价反弹。</p>
</div><h2>2. Recent restructuring news may bode well for Verizon's dividend and valuation</h2>
<div class="lb-trans"><h2>2. 最近的重组消息可能对 Verizon 的股息和估值有利</h2>
</div><p>Verizon Communications shares are technically in the green for 2025, but the telecom stock has trailed the broader market, and not just for the year. Over the past decade, Verizon's shares declined by 10%, while the <strong>S&amp;P 500</strong>(SNPINDEX: ^GSPC) has increased by nearly 245%. This lack of share price appreciation calls into question the merits of buying the stock, even as it sports a 6.7% forward yield, not to mention a 20-year track record of dividend growth.</p>
<div class="lb-trans"><p>Verizon Communications 的股票在 2025 年技术上处于上涨状态，但这只电信股的表现落后于大盘，不仅仅是这一年。在过去十年中，Verizon 的股票下跌了 10%，而 <strong>标准普尔 500 指数</strong>（SNPINDEX: ^GSPC）上涨了近 245%。这种股价缺乏上涨使得购买该股票的合理性受到质疑，即使它的前瞻性收益率为 6.7%，更不用说 20 年的股息增长记录。</p>
</div><p>However, the company, under new CEO Dan Schulman, has started to &#34;build a better Verizon&#34; through sweeping changes to its cost structure. Only time will tell, but better times and much better investment returns may lie ahead. Reduced operating expenses could lead to increased profitability, and in turn, greater dividend coverage.</p>
<div class="lb-trans"><p>然而，在新任首席执行官 Dan Schulman 的领导下，公司已经开始通过对其成本结构进行全面改革来 “建立一个更好的 Verizon”。只有时间能证明，但更好的时光和更好的投资回报可能在前方。降低运营费用可能会导致盈利能力提高，从而增强股息覆盖率。</p>
</div><p>The market could also reward a leaner, meaner Verizon with a much higher forward earnings multiple. Currently, the stock trades for around 8.5 times forward earnings. Compare that to competitors like <strong>AT&amp;T</strong> and <strong>T-Mobile US</strong>, which trade for 11 and 16 times forward earnings, respectively.</p>
<div class="lb-trans"><p>市场也可能会奖励一个更精简、更高效的 Verizon，给予其更高的前瞻性收益倍数。目前，该股票的交易价格约为前瞻性收益的 8.5 倍。与 <strong>AT&amp;T</strong> 和 <strong>T-Mobile US</strong> 等竞争对手相比，后者的前瞻性收益倍数分别为 11 倍和 16 倍。</p>
</div><p>That's not to say that Verizon could one day experience enough valuation expansion to push its forward P/E to the mid-teens. Still, even if shares rerate to AT&amp;T's valuation, that would mean a nearly 30% increase in Verizon's stock price.</p>
<div class="lb-trans"><p>这并不是说 Verizon 有一天会经历足够的估值扩张，将其前瞻性市盈率推高到中十几倍。然而，即使股价重新评估到 AT&amp;T 的估值，这也意味着 Verizon 的股价将上涨近 30%。</p>
</div><h2>3. Wendy's is another high-yield, name-brand turnaround story</h2>
<div class="lb-trans"><h2>3. Wendy's 是另一个高收益的知名品牌转型故事</h2>
</div><p>Just like Verizon, Wendy's is another household name trying to pull off a turnaround. The fast-food franchisor has seen its shares decline by 50% over the past 12 months. Chalk this up to the company's steadily declining revenue, combined with the impact of higher costs on demand and profitability. Still, in the year ahead, the situation with Wendy's may have the potential to improve substantially.</p>
<div class="lb-trans"><p>就像 Verizon 一样，Wendy's 也是一个试图进行转型的家喻户晓的名字。这家快餐特许经营商在过去 12 个月中，其股价下跌了 50%。这归因于公司收入的持续下降，加上更高成本对需求和盈利能力的影响。然而，在未来一年，Wendy's 的情况可能有显著改善的潜力。</p>
</div><p>Right now, the company's management is putting in a variety of efforts, including menu simplification and technology investments, to make its existing stores more profitable. Wendy's is also aggressively reducing is store count. The company recently announced plans to close hundreds of underperforming locations.</p>
<div class="lb-trans"><p>目前，公司管理层正在采取多种措施，包括简化菜单和投资技术，以提高现有门店的盈利能力。Wendy's 还在积极减少门店数量。公司最近宣布计划关闭数百家表现不佳的门店。</p>
</div><p>Sell-side analyst estimates have yet to factor in the potential for improved growth, but the fact that's yet to happen could work in your favor. After the sell-off, Wendy's shares trade for less than 10 times forward earnings, and the stock's current forward dividend yield is 6.5%.</p>
<div class="lb-trans"><p>卖方分析师的估计尚未考虑到潜在的增长改善，但这一事实可能对你有利。在抛售之后，Wendy's 的股票交易价格不到前瞻性收益的 10 倍，当前的前瞻性股息收益率为 6.5%。</p>
</div><p>Buy now to collect this high payout, and down the road, if the turnaround takes shape, shares could experience outsized price appreciation. In the past, shares have traded at a forward P/E of around 15.</p>
<div class="lb-trans"><p>现在购买以收取这笔高额收益，如果转型成功，未来股价可能会大幅上涨。在过去，股票的前瞻性市盈率约为 15 倍。</p>
</div><h2>Should you buy stock in Vici Properties right now?</h2>
<div class="lb-trans"><h2>你现在应该购买 Vici Properties 的股票吗？</h2>
</div><p>Before you buy stock in Vici Properties, consider this:</p>
<div class="lb-trans"><p>在你购买 Vici Properties 的股票之前，请考虑以下几点：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and Vici Properties wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p>_Motley Fool Stock Advisor_分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong> 供投资者现在购买……而 Vici Properties 并不在其中。这 10 只入选的股票在未来几年可能会产生巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $505,695</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,080,694</strong>!*</p>
<div class="lb-trans"><p>考虑到 <strong>Netflix</strong> 在 2004 年 12 月 17 日进入这个名单……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 505,695 美元</strong>！* 或者当 <strong>Nvidia</strong> 在 2005 年 4 月 15 日进入这个名单……如果你在我们推荐时投资了 1,000 美元，<strong>你现在将拥有 1,080,694 美元</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 962% — a market-crushing outperformance compared to 193% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在，值得注意的是 <em>Stock Advisor</em> 的总平均回报率为 962% — 远超标准普尔 500 指数的 193%。<strong>不要错过最新的前 10 名股票名单，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
</div><p><strong>See the 10 stocks »</strong></p>
<div class="lb-trans"><p><strong>查看 10 只股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of December 15, 2025</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2025 年 12 月 15 日</em></p>
</div><p><em>Thomas Niel has no position in any of the stocks mentioned. The Motley Fool recommends T-Mobile US, Verizon Communications, and Vici Properties. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Thomas Niel 在提到的任何股票中均没有持仓。The Motley Fool 推荐 T-Mobile US、Verizon Communications 和 Vici Properties。The Motley Fool 有披露政策。</em></p>
</div><p>3 Dividend Stocks to Double Up on Right Now was originally published by The Motley Fool</p>
<div class="lb-trans"><p>《现在值得加倍投资的 3 只分红股票》最初由 The Motley Fool 发布</p>
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当前值得加倍投资的 3 只股息股票