<h2>關鍵要點</h2>
<ul>
<li>投資者對賭場股票的負面情緒對 VICI Properties 造成了壓力；然而，這家收益率為 6.1% 的賭場房地產投資信託（REIT）可能相對免疫於嚴重的經濟下滑。</li>
<li>Verizon Communications 最近宣佈的重組計劃可能會改善這家電信巨頭的業績，其前瞻性股息收益率為 6.75%。</li>
<li>Wendy's 的前瞻性收益率為 6.5%，並可能有走出當前低迷的路徑。</li>
<li>我們更看好的 10 只股票超過 VICI Properties ›</li>
</ul>
<p>考慮到在股息股票中價值陷阱和收益陷阱的普遍存在，投資者對加倍投資於高收益的表現不佳的股票感到猶豫是可以理解的。畢竟，當一隻高股息股票的價格下跌時，市場往往是在試圖傳達某種信息，比如 “股息削減即將來臨” 或 “收益即將暴跌”。</p>
<p>然而，有時市場對短期不良消息和財務表現的反應過度，過於外推其對未來的預測。</p>
<p>雖然尚不確定，但有證據表明，這可能是這三隻股息股票的情況：<strong>VICI Properties</strong>（NYSE: VICI）、<strong>Verizon Communications</strong>（NYSE: VZ）和 <strong>Wendy's</strong>（NASDAQ: WEN）。它們都有高股息收益率，受到壓力，並可能在 2026 年迎來大幅反彈。</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>圖片來源：Getty Images。</p>
<h2>1. 對 VICI Properties 的旅遊下滑擔憂可能被誇大了</h2>
<p>VICI Properties 是一家房地產投資信託（REIT），專注於通過銷售 - 租回交易收購賭場和遊戲相關的房地產。VICI 擁有 54 處物業，包括拉斯維加斯大道的大部分，以及其他主要美國遊戲目的地的一些大型賭場。</p>
<p>今年早些時候，VICI 的股票表現相對良好，但最近幾個月，VICI 的股價經歷了持續下跌，從 52 周高點下跌超過 15%。對賭場股票的負面情緒可能已經蔓延到這家 REIT。此外，人們擔心 VICI 可能很快會降低 REIT 向 <strong>Caesars Entertainment</strong> 租賃的物業的年基本租金。</p>
<p>然而，即使 VICI 同意降低租金，它也可能會獲得一些回報，包括可能以有利條件收購新物業。</p>
<p>與此同時，經過最近的疲軟，這隻股票的前瞻性股息收益率為 6.1%。今天購買，不僅可以開始收取這筆收益，而且任何對 Caesars 問題的解決都可能導致股價反彈。</p>
<h2>2. 最近的重組消息可能對 Verizon 的股息和估值有利</h2>
<p>Verizon Communications 的股票在 2025 年技術上處於上漲狀態，但這隻電信股的表現落後於大盤，不僅僅是這一年。在過去十年中，Verizon 的股票下跌了 10%，而 <strong>標準普爾 500 指數</strong>（SNPINDEX: ^GSPC）上漲了近 245%。這種股價缺乏上漲使得購買該股票的合理性受到質疑，即使它的前瞻性收益率為 6.7%，更不用説 20 年的股息增長記錄。</p>
<p>然而，在新任首席執行官 Dan Schulman 的領導下，公司已經開始通過對其成本結構進行全面改革來 “建立一個更好的 Verizon”。只有時間能證明，但更好的時光和更好的投資回報可能在前方。降低運營費用可能會導致盈利能力提高，從而增強股息覆蓋率。</p>
<p>市場也可能會獎勵一個更精簡、更高效的 Verizon，給予其更高的前瞻性收益倍數。目前，該股票的交易價格約為前瞻性收益的 8.5 倍。與 <strong>AT&amp;T</strong> 和 <strong>T-Mobile US</strong> 等競爭對手相比，後者的前瞻性收益倍數分別為 11 倍和 16 倍。</p>
<p>這並不是説 Verizon 有一天會經歷足夠的估值擴張，將其前瞻性市盈率推高到中十幾倍。然而，即使股價重新評估到 AT&amp;T 的估值，這也意味着 Verizon 的股價將上漲近 30%。</p>
<h2>3. Wendy's 是另一個高收益的知名品牌轉型故事</h2>
<p>就像 Verizon 一樣，Wendy's 也是一個試圖進行轉型的家喻户曉的名字。這家快餐特許經營商在過去 12 個月中，其股價下跌了 50%。這歸因於公司收入的持續下降，加上更高成本對需求和盈利能力的影響。然而，在未來一年，Wendy's 的情況可能有顯著改善的潛力。</p>
<p>目前，公司管理層正在採取多種措施，包括簡化菜單和投資技術，以提高現有門店的盈利能力。Wendy's 還在積極減少門店數量。公司最近宣佈計劃關閉數百家表現不佳的門店。</p>
<p>賣方分析師的估計尚未考慮到潛在的增長改善，但這一事實可能對你有利。在拋售之後，Wendy's 的股票交易價格不到前瞻性收益的 10 倍，當前的前瞻性股息收益率為 6.5%。</p>
<p>現在購買以收取這筆高額收益，如果轉型成功，未來股價可能會大幅上漲。在過去，股票的前瞻性市盈率約為 15 倍。</p>
<h2>你現在應該購買 Vici Properties 的股票嗎？</h2>
<p>在你購買 Vici Properties 的股票之前，請考慮以下幾點：</p>
<p>_Motley Fool Stock Advisor_分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而 Vici Properties 並不在其中。這 10 只入選的股票在未來幾年可能會產生鉅額回報。</p>
<p>考慮到 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單……如果你在我們推薦時投資了 1,000 美元，<strong>你現在將擁有 505,695 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單……如果你在我們推薦時投資了 1,000 美元，<strong>你現在將擁有 1,080,694 美元</strong>！*</p>
<p>現在，值得注意的是 <em>Stock Advisor</em> 的總平均回報率為 962% — 遠超標準普爾 500 指數的 193%。<strong>不要錯過最新的前 10 名股票名單，加入由個人投資者為個人投資者建立的投資社區，獲取 <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 的回報截至 2025 年 12 月 15 日</em></p>
<p><em>Thomas Niel 在提到的任何股票中均沒有持倉。The Motley Fool 推薦 T-Mobile US、Verizon Communications 和 Vici Properties。The Motley Fool 有披露政策。</em></p>
<p>《現在值得加倍投資的 3 只分紅股票》最初由 The Motley Fool 發佈</p>

VICI

威瑞森

<p>這篇文章強調了三隻被低估的股息股票：VICI Properties、威瑞森和温迪漢堡。VICI Properties 是一家賭場房地產投資信託，提供 6.1% 的收益率，儘管近期有所下滑，但可能會反彈。威瑞森的收益率為 6.75%，正在進行重組以實現潛在增長。温迪漢堡的收益率為 6.5%，正在實施變革以提高盈利能力。文章建議，儘管當前面臨壓力，這些股票到 2026 年可能會出現顯著反彈</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>關鍵要點</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>投資者對賭場股票的負面情緒對 VICI Properties 造成了壓力；然而，這家收益率為 6.1% 的賭場房地產投資信託（REIT）可能相對免疫於嚴重的經濟下滑。</li>
<li>Verizon Communications 最近宣佈的重組計劃可能會改善這家電信巨頭的業績，其前瞻性股息收益率為 6.75%。</li>
<li>Wendy's 的前瞻性收益率為 6.5%，並可能有走出當前低迷的路徑。</li>
<li>我們更看好的 10 只股票超過 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>考慮到在股息股票中價值陷阱和收益陷阱的普遍存在，投資者對加倍投資於高收益的表現不佳的股票感到猶豫是可以理解的。畢竟，當一隻高股息股票的價格下跌時，市場往往是在試圖傳達某種信息，比如 “股息削減即將來臨” 或 “收益即將暴跌”。</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，有時市場對短期不良消息和財務表現的反應過度，過於外推其對未來的預測。</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>雖然尚不確定，但有證據表明，這可能是這三隻股息股票的情況：<strong>VICI Properties</strong>（NYSE: VICI）、<strong>Verizon Communications</strong>（NYSE: VZ）和 <strong>Wendy's</strong>（NASDAQ: WEN）。它們都有高股息收益率，受到壓力，並可能在 2026 年迎來大幅反彈。</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>圖片來源：Getty Images。</p>
</div><h2>1. Tourism downturn concerns are likely overblown with VICI Properties</h2>
<div class="lb-trans"><h2>1. 對 VICI Properties 的旅遊下滑擔憂可能被誇大了</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 是一家房地產投資信託（REIT），專注於通過銷售 - 租回交易收購賭場和遊戲相關的房地產。VICI 擁有 54 處物業，包括拉斯維加斯大道的大部分，以及其他主要美國遊戲目的地的一些大型賭場。</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>今年早些時候，VICI 的股票表現相對良好，但最近幾個月，VICI 的股價經歷了持續下跌，從 52 周高點下跌超過 15%。對賭場股票的負面情緒可能已經蔓延到這家 REIT。此外，人們擔心 VICI 可能很快會降低 REIT 向 <strong>Caesars Entertainment</strong> 租賃的物業的年基本租金。</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，它也可能會獲得一些回報，包括可能以有利條件收購新物業。</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>與此同時，經過最近的疲軟，這隻股票的前瞻性股息收益率為 6.1%。今天購買，不僅可以開始收取這筆收益，而且任何對 Caesars 問題的解決都可能導致股價反彈。</p>
</div><h2>2. Recent restructuring news may bode well for Verizon's dividend and valuation</h2>
<div class="lb-trans"><h2>2. 最近的重組消息可能對 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 年技術上處於上漲狀態，但這隻電信股的表現落後於大盤，不僅僅是這一年。在過去十年中，Verizon 的股票下跌了 10%，而 <strong>標準普爾 500 指數</strong>（SNPINDEX: ^GSPC）上漲了近 245%。這種股價缺乏上漲使得購買該股票的合理性受到質疑，即使它的前瞻性收益率為 6.7%，更不用説 20 年的股息增長記錄。</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，在新任首席執行官 Dan Schulman 的領導下，公司已經開始通過對其成本結構進行全面改革來 “建立一個更好的 Verizon”。只有時間能證明，但更好的時光和更好的投資回報可能在前方。降低運營費用可能會導致盈利能力提高，從而增強股息覆蓋率。</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>市場也可能會獎勵一個更精簡、更高效的 Verizon，給予其更高的前瞻性收益倍數。目前，該股票的交易價格約為前瞻性收益的 8.5 倍。與 <strong>AT&amp;T</strong> 和 <strong>T-Mobile US</strong> 等競爭對手相比，後者的前瞻性收益倍數分別為 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>這並不是説 Verizon 有一天會經歷足夠的估值擴張，將其前瞻性市盈率推高到中十幾倍。然而，即使股價重新評估到 AT&amp;T 的估值，這也意味着 Verizon 的股價將上漲近 30%。</p>
</div><h2>3. Wendy's is another high-yield, name-brand turnaround story</h2>
<div class="lb-trans"><h2>3. Wendy's 是另一個高收益的知名品牌轉型故事</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 一樣，Wendy's 也是一個試圖進行轉型的家喻户曉的名字。這家快餐特許經營商在過去 12 個月中，其股價下跌了 50%。這歸因於公司收入的持續下降，加上更高成本對需求和盈利能力的影響。然而，在未來一年，Wendy's 的情況可能有顯著改善的潛力。</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，公司管理層正在採取多種措施，包括簡化菜單和投資技術，以提高現有門店的盈利能力。Wendy's 還在積極減少門店數量。公司最近宣佈計劃關閉數百家表現不佳的門店。</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>賣方分析師的估計尚未考慮到潛在的增長改善，但這一事實可能對你有利。在拋售之後，Wendy's 的股票交易價格不到前瞻性收益的 10 倍，當前的前瞻性股息收益率為 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>現在購買以收取這筆高額收益，如果轉型成功，未來股價可能會大幅上漲。在過去，股票的前瞻性市盈率約為 15 倍。</p>
</div><h2>Should you buy stock in Vici Properties right now?</h2>
<div class="lb-trans"><h2>你現在應該購買 Vici Properties 的股票嗎？</h2>
</div><p>Before you buy stock in Vici Properties, consider this:</p>
<div class="lb-trans"><p>在你購買 Vici Properties 的股票之前，請考慮以下幾點：</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_分析師團隊剛剛確定了他們認為的 <strong>10 只最佳股票</strong> 供投資者現在購買……而 Vici Properties 並不在其中。這 10 只入選的股票在未來幾年可能會產生鉅額回報。</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>考慮到 <strong>Netflix</strong> 在 2004 年 12 月 17 日進入這個名單……如果你在我們推薦時投資了 1,000 美元，<strong>你現在將擁有 505,695 美元</strong>！* 或者當 <strong>Nvidia</strong> 在 2005 年 4 月 15 日進入這個名單……如果你在我們推薦時投資了 1,000 美元，<strong>你現在將擁有 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>現在，值得注意的是 <em>Stock Advisor</em> 的總平均回報率為 962% — 遠超標準普爾 500 指數的 193%。<strong>不要錯過最新的前 10 名股票名單，加入由個人投資者為個人投資者建立的投資社區，獲取 <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 的回報截至 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沒有持倉。The Motley Fool 推薦 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>《現在值得加倍投資的 3 只分紅股票》最初由 The Motley Fool 發佈</p>
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當前值得加倍投資的 3 只股息股票