06.10.2024 12:45:00
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3 Reasons to Buy Realty Income Stock Like There's No Tomorrow
Realty Income (NYSE: O) has long been an income-focused investor favorite given its monthly dividend payout that rises quite regularly. However, the stock's price performance has been a bit of a dud over the past five years, falling more than 15% over that stretch.More recently, though, Realty Income stock started to regain some momentum, and it is up more than 25% over the past year. With this momentum likely set to continue, let's look at three reasons you should be choosing this name.When it comes to paying higher dividends each year, Realty Income is a star performer. The real estate investment trust (REIT) has raised its dividend for 29 straight years and seen 108 consecutive quarterly increases. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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