"And when it comes to long-term dividend investing, those opinions have held up quite well. Cramer's opinionated takes often go awry since he's mostly asked about the trendiest growth stocks that are hard to assess. But when dealing with dividend stocks with a consistent track record , it's no longer hit or miss. Jim Cramer has decades of experience with the stock market, and his input is worth lending an ear to when it comes to dividend stocks."
"Realty Income (O) is a real estate investment trust (REIT) that mostly has retail tenants. Its tenants are strong, and the company has managed to maintain a very stable and consistent portfolio over the years with little to no trouble. The occupancy rate has remained at 97% even in 2008 and continues to be high. The consistency is such that Realty Income is called "The Monthly Dividend Company". It pays dividends to its shareholders every month . The yield right now is 5.38% and has declared 663 consecutive monthly dividends."
Jim Cramer's views influence many retirees and older investors who follow his Mad Money show. Cramer's recommendations on long-term dividend stocks have generally performed well. His commentary is less reliable on trendier growth stocks but more dependable for dividend-paying companies with consistent track records. Realty Income (O) is a monthly-paying REIT with mostly retail tenants and a long track record of stability and high occupancy. Realty Income maintains roughly a 97% occupancy rate, has paid 663 consecutive monthly dividends, and yields about 5.38%. Cramer recommends Realty Income for older investors seeking steady yield and monthly income.
Read at 24/7 Wall St.
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