Realty Income Corporation (O) continues to demonstrate strong performance and potential for investment. The corporation announces its 655th consecutive common stock monthly dividend, maintaining a 30-year growth streak.The regular monthly dividends make it one of the best monthly dividend stocks with over 5% yield. Recently, there has been an uptick in the corporation’s stock, with investors making bold moves. This has stressed the importance of retaining Realty Income in one's portfolio. Despite operating in a volatile market, the corporation has been resilient, managing to gain, albeit slower than the market. LongView Wealth Management bolstered its position in Realty Income, underscoring the company's perceived profitability. Meanwhile, Scotiabank revised its expectations on Realty Income’s stock price. Regardless, the company's appealing 6% dividend remains unignorable. It’s considered a super-safe dividend stock for long-term investment, even into 2025 and beyond. The corporation declared a dividend hike for the 128th time, reflecting its consistent growth. Analysts consider Realty Income a safe stock to buy due to its steady performance and substantial dividends. Czech National Bank recently procured additional shares, boosting belief in its sustainability. Named the safest dividend stock and the best high-yield REIT to own, Realty Income remains a favourite for early retirement portfolios.
Realty Income Corporation O News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 23:05:00 GMT -
Rating 8
- Innovation -3
- Rumor -5
