Think You Know Realty Income? Here's 1 Little-Known Fact You Can't Overlook.
From a big-picture perspective, real estate investment trust (REIT) Realty Income (NYSE: O) isn't a complex business. As a landlord, it does exactly what you would do if you owned a rental property, just on a much larger scale. But there's one fact about Realty Income that you shouldn't ignore, especially now that the company has grown to be the net lease industry's 800-pound gorilla, at nearly four times the size of its next closest competitor.What is there to like about Realty Income? A lot. For example, its dividend yield is 5.6% compared to the real estate investment trust average of roughly 4.1%. The dividend has been increased each year for 30 consecutive years, with quarterly increases over the last 110 quarters, and it has an investment grade rated balance sheet. These are just some of the reasons you might want to buy this high-quality REIT.Image source: Getty Images.Continue reading
From a big-picture perspective, real estate investment trust (REIT) Realty Income (NYSE: O) isn't a complex business. As a landlord, it does exactly what you would do if you owned a rental property, just on a much larger scale. But there's one fact about Realty Income that you shouldn't ignore, especially now that the company has grown to be the net lease industry's 800-pound gorilla, at nearly four times the size of its next closest competitor.
What is there to like about Realty Income? A lot. For example, its dividend yield is 5.6% compared to the real estate investment trust average of roughly 4.1%. The dividend has been increased each year for 30 consecutive years, with quarterly increases over the last 110 quarters, and it has an investment grade rated balance sheet. These are just some of the reasons you might want to buy this high-quality REIT.
Image source: Getty Images.
