"Realty Income remains a staple in dividend investors' portfolios. The commercial REIT's dividend - which pays out monthly and has for 666 consecutive months - is a large reason investors are confident in the stock moving forward. Another reason: its expanding footprint in the European market that has seen commercial properties with long-term net lease agreements added to its +13,000-property portfolio in the U.K., Spain and other countries."
"Having raised the payout for 30 consecutive years, Realty Income is now a Dividend Aristocrat, or a stock that is part of the S&P 500 and has increased its dividend for 25 consecutive years or more. Since going public in 1994, Realty Income has provided investors with a more than 578% return, not including reinvested dividends. The question is, where does Realty Income stock go from here."
Shares of Realty Income declined 0.09% over the past month after a 6.09% gain the previous month, producing a 7.74% year-to-date gain. O pays a dividend yielding 5.72%, or 81 cents per quarter, and distributes monthly, with 666 consecutive months of payments. The REIT has increased its dividend every quarter since listing on the NYSE in 1994 and has raised payouts for 30 consecutive years, qualifying it as a Dividend Aristocrat. The company operates a portfolio exceeding 13,000 properties, including expanding commercial net-lease assets across the U.K., Spain and other European markets. Historical returns since 1994 exceed 578%, excluding reinvested dividends. Estimates for stock performance through 2030 are provided.
Read at 24/7 Wall St.
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