7 Big Dividend-Paying Sin Stocks That Can Survive a Potential Upcoming Market Crash

The Coors light brand remains a huge favorite with Generation X and baby boomers, who were all around when the light beer revolution started. The company is now working on opportunities to market a cannabis-infused product.

Shareholders are paid a 2.83% dividend. The Molson Coors Brewing stock target price at Citigroup is $58. The consensus target is $56.11, and shares closed on Monday at $54.44.

VICI Properties

This is a top pick across Wall Street in the net lease group, and it is an ideal stock for investors who are more conservative and looking for gaming exposure. VICI Properties Inc. (NYSE: VICI) is a triple net lease real estate investment trust that was spun out of Caesars Entertainment post-bankruptcy.

The company has 23 mixed-use gaming, lodging and entertainment properties in its portfolio, and a subsidiary that owns four championship golf courses. VICI also owns roughly 34 acres of undeveloped land in Las Vegas, which it leases to Caesars.

Much of the focus this year was on VICI’s recent deal to acquire the real estate of the Venetian Resort in Las Vegas, with Apollo as a new tenant. Looking ahead, many on Wall Street are very positive on VICI’s embedded growth pipeline with Caesars Entertainment, including a put/call on the Centaur properties in Indiana (starting this month) and a right of first refusal on a strip asset sale for Caesars, which could occur soon after a full earnings before interest, taxes, depreciation, amortization and restructuring or rent costs recovery.

Investors receive a 4.78% distribution. The Truist Securities price target of $35 is in line with the $35.13 consensus figure. VICI Properties stock closed on Monday at $30.03.

Of course, nobody should invest in something they are personally against. However, for those not bothered by these industries, they may have solid portfolio potential. Typically, even if the economy and the stock market get rocky, they can hold their own. With the current market still trading at stratospheric levels, it may make sense to shift some dollars to these solid and more defensive companies.

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