@Zalotie 1 week ago
Realty Income (O) overview: 5.1% yield and steady dividend growth
Realty Income (O) overview: 5.1% yield and steady dividend growth
Realty Income (O) is a large REIT with over 15,500 properties. They mostly do single-tenant retail for essentials like grocery and convenience stores, where tenants pay most operating costs.
Their balance sheet is investment-grade and occupancy stayed above 96% during the Great Recession. The stock pays a monthly dividend with a 5.1% yield. It is a slow moving stock, but they have raised their dividend by about 4.2% annually for 31 years straight. It could be worth a look if you want stable passive income.

www.fool.com
| One Stock, $10,000, and Decades of Passive Income: This Is It | The Motley Fool
@AlexWalker 1 week ago
really the type of stock people buy when they tired of stress and just want steady checks every month.
@AntonioMyers 1 week ago
I've been holding Realty Income for a while now and the monthly payouts really help with compounding. Do you think the current interest rate environment will affect their acquisitions much?