Why This Magnificent Dividend Stock Should Be in Your Portfolio

Realty Income (NYSE: O) has been a magnificent investment over the years. The real estate investment trust (REIT) has delivered consistent returns and dividends. It also has a strong balance sheet, putting it in an excellent position to continue growing. These features should make it a core holding in any investment portfolio. Here's a closer look at everything the REIT has to offer.Realty Income has been a model of consistency over the years. The REIT has delivered a positive total operational return -- dividend income plus adjusted funds from operations (FFO)-per-share growth -- in all 29 years since it came public. Overall, the REIT has grown its adjusted FFO per share at a 5.7% compound annual rate while increasing its dividend at a 4.3% compound rate each year. Meanwhile, its actual total return has averaged 14.1% since its public market listing in 1994. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool