Welcome back to Stock Watch! Today we are diving into Realty Income!
As always I want to encourage you to do your own research about any stock that I discuss. Use this content as a starting point!
Realty Income (O) aka The Monthly Dividend Company is dedicated to providing stockholders with dependable monthly income.
If you don’t know what a dividend is check out my last post: What is a dividend?
Realty Income (O) is structured as a REIT (real estate investment trust)
The monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with commercial clients.
Realty Income (O) has paid 608 consecutive common stock monthly dividends throughout its 52-year operating history.
They have increased the dividend 110 times since going public in 1994
Dividend Yield: 4.21%
52 Week High: $66.95
52 Week Low: $47.68
Current Price as of 04/15/2021: $66.92
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