3 Reasons to Buy This Magnificent High-Yielding Dividend Stock and Hold Forever
Realty Income (NYSE: O) recently wrapped up its 30th year as a public company. The real estate investment trust (REIT) has generated a positive total operational return (dividend yield plus earnings growth rate) every single year, with an average of around 11%. A big factor is the company's high-yielding (5.4% average last year) and steadily rising dividend (129 increases since it came public). The REIT believes three key themes define its ability to deliver ongoing success for shareholders, which CEO Sumit Roy discussed on its fourth-quarter conference call. The first factor driving the REIT's long-term success is "our proven track record of results and returns," stated Roy on the call. In discussing that first theme, the CEO commented: "Our 2024 results are a testament to the platform we have built. One that is able to deliver against a variety of macroeconomic backdrops, underscored by positive AFFO per share increases every year in our 30-year history as a public company save one." Continue reading
Realty Income (NYSE: O) recently wrapped up its 30th year as a public company. The real estate investment trust (REIT) has generated a positive total operational return (dividend yield plus earnings growth rate) every single year, with an average of around 11%. A big factor is the company's high-yielding (5.4% average last year) and steadily rising dividend (129 increases since it came public).
The REIT believes three key themes define its ability to deliver ongoing success for shareholders, which CEO Sumit Roy discussed on its fourth-quarter conference call.
The first factor driving the REIT's long-term success is "our proven track record of results and returns," stated Roy on the call. In discussing that first theme, the CEO commented: "Our 2024 results are a testament to the platform we have built. One that is able to deliver against a variety of macroeconomic backdrops, underscored by positive AFFO per share increases every year in our 30-year history as a public company save one."
