Realty Income CorpOBUYFeb 21, 2024Stock price when the opinion was issued
As of Jun 08, 2026. Market Open.
Pays a 5.7% dividend yield, paid monthly; dividend has been raised four times this year. They own over 15,000 commercial properties, mostly leased to retail industrial. Shares haven't done much and fell recently after the companies tightened their full-year forecast. Occupancy rate is 98.7% in Q3, so they're not struggling. Most tenants are grocers and selling other necessities, so safe.
They've paid 644 straight monthly dividends. They're busy expanding into other countries. They just delivered an in-line quarter. Best reason to own this is its 5.8% dividend, paid monthly.