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Buy Realty Income: A REIT For Monthly Income That Has Increased Its Dividend For 25 Years
Points to Remember
For a dividend investor, a good night’s sleep is precious.
Despite being fully priced, this REIT stock is worth a closer look today.
Even if it sells for a higher price, this might be considered an advantage.
When you’re searching for a consistent and rising income stream, it’s sometimes worth paying a premium for quality. That is why, despite being on the pricey side, this real estate investment trust (REIT) stock is a good choice for cautious income investors. Here are five reasons why Realty Income (NYSE:O) can help you sleep well at night.
1. Realty Income has a long history of paying out dividends.
If you’re searching for a dividend stock, this should be your top priority. Realty Income has grown its dividend for 26 years in a row, earning it the title of Dividend Aristocrat. Realty Income’s dividend has risen at an annualized rate of 4.4 percent throughout that time, which is greater than the average rate of inflation growth of around 3%. As a result, the dividend’s purchasing power has grown over time.