Realty Income Corporation: Reliable, Monthly Dividends
Realty Income Corporation ($O) is one of the most popular dividend stocks in the world. Income investors love this company, and there are thousands of articles and videos discussing it.
Looking at Realty Income’s stock performance, this may surprise you.
The company doesn’t look like a market-beater. Realty Income stock has only appreciated by 41% over the past 10 years — significantly lagging the market.
So why’s this business so popular?
The answer the answer lies in Realty Income’s dividend performance.
In this article, we’ll take a look at Realty Income as an income investment and whether or not the stock is worth buying.
What Does Realty Income Corporation Do?
Realty Income is a real estate investment trust (REIT), essentially meaning that they are a publicly traded corporate landlord. And while there are plenty of REITs on the market, Realty Income has a few unique advantages.
Realty Income owns a portfolio of 15,450 properties across both the United States and select areas of Europe.
These properties include: 7-Eleven convenience stores, Walmart Supercenters, Dollar General retail stores, and CVS pharmacies. Big…