The Ultimate Dividend Stock to Buy for a Lifetime of Passive Income
There are a lot of great dividend stocks. Many companies offer higher-yielding payouts, which have steadily increased over the years. However, few companies can match the combination of yield, payment frequency, and growth consistency of Realty Income (NYSE: O). These and other factors make it the ultimate dividend stock to buy for those seeking a passive income stream that should last their lifetime.Realty Income pays a very attractive dividend. The real estate investment trust (REIT) currently has a dividend yield of around 5.7%. That's several times higher than the S&P 500, which currently yields around 1.3%. Even better, Realty Income pays dividends each month, which is much more frequent than the quarterly cadence of most dividend stocks. Continue reading
There are a lot of great dividend stocks. Many companies offer higher-yielding payouts, which have steadily increased over the years.
However, few companies can match the combination of yield, payment frequency, and growth consistency of Realty Income (NYSE: O). These and other factors make it the ultimate dividend stock to buy for those seeking a passive income stream that should last their lifetime.
Realty Income pays a very attractive dividend. The real estate investment trust (REIT) currently has a dividend yield of around 5.7%. That's several times higher than the S&P 500, which currently yields around 1.3%. Even better, Realty Income pays dividends each month, which is much more frequent than the quarterly cadence of most dividend stocks.
