This Dependable 5.6%-Yielding Dividend Stock Continues Its Steady Growth
Realty Income's (NYSE: O) mission has been to invest in ways that enable it to pay a dependable dividend that grows over time. The real estate investment trust (REIT) has certainly delivered on that aim over the years. It has raised its dividend 129 times since coming public in 1994, including the last 110 quarters in a row. Driving its dependability is the REIT's steadily rising rental income. Last year, Realty Income delivered its 14th straight year of adjusted funds from operations (FFO) per-share growth. It has now grown its adjusted FFO per share in all but one year since coming public. It expects 2025 will be more of the same. Continue reading
Realty Income's (NYSE: O) mission has been to invest in ways that enable it to pay a dependable dividend that grows over time. The real estate investment trust (REIT) has certainly delivered on that aim over the years. It has raised its dividend 129 times since coming public in 1994, including the last 110 quarters in a row.
Driving its dependability is the REIT's steadily rising rental income. Last year, Realty Income delivered its 14th straight year of adjusted funds from operations (FFO) per-share growth. It has now grown its adjusted FFO per share in all but one year since coming public. It expects 2025 will be more of the same.
