Realty Income (NYSE: O) built its business to pay dividends. The real estate investment trust (REIT) owns properties that produce durable rental income. That gives it the money to pay its attractive 5.8%-yielding monthly dividend. The REIT has increased that payout 123 times since its public market listing 30 years ago. It should be able […]
When looking at income-oriented investments, consistency is one of the keys. And on that front, there aren’t many companies that have been as consistent as Realty Income (NYSE: O). The real estate investment trust (REIT) has increased its dividend for 29 straight years, announcing its 643rd consecutive common stock monthly dividend in January. To determine […]