Countering the positive news, Envestnet Asset Management Inc. cut stock holdings in the company, although it was listed as one of the Best REITs to Buy for 2024. Furthermore, Realty Income raised their monthly dividend by 2.1%, signaling strong financial growth which attracted a lot of investor attention.
While the company had gains when the market dipped, their stock performance was inconsistent, with frequent dips in performance. The company, however, has kept up a consistent record of consecutive common stock monthly dividend increases. It also expects revenue surge and merger with Spirit Realty Capital.
Realty Income Corporation O News Analytics from Sat, 09 Dec 2023 08:00:00 GMT to Sun, 09 Jun 2024 13:09:18 GMT - Rating 2 - Innovation 0 - Information 8 - Rumor 0
