"Realty Income remains a staple in dividend investors' portfolios. The commercial REIT's dividend - which pays out monthly and has for 663 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."
"Shares of Realty Income gained 2.68% over the past month after gaining 2.28% the month prior. Billing itself "The Monthly Dividend Company," the real estate investment trust (REIT) blazed a new path in the field that numerous other REITs now follow. The track record of payments for O is remarkable, and s ince being listed on the NYSE in 1994, the REIT has increased its dividend every quarter."
Shares of Realty Income rose recently, contributing to a year‑to‑date gain of 13.67%. The REIT pays a 5.41% dividend and has issued monthly distributions for 663 consecutive months. The company has increased its dividend every quarter since listing on the NYSE in 1994 and has raised payouts for 30 consecutive years, qualifying as a Dividend Aristocrat. The portfolio exceeds 13,000 properties, with recent additions of long‑term net‑lease commercial assets in the U.K., Spain and other European markets. Total return since going public stands at 616.05%, excluding reinvested dividends.
Read at 24/7 Wall St.
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