Realty Income CorpOTOP PICKMar 27, 2025Stock 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.
William (Bill) and Joan Clark founded Realty Income after acquiring a Northridge, California, Taco Bell property directly from Taco Bell founder Glen Bell in 1969. Their vision was to create a platform that provided shareholders monthly dividends that increase over time. Bill and Joan took a unique approach, purchasing commercial real estate and leasing each property to well-qualified companies with a strong financial profile in exchange for capital. This provided the operator access to growth capital while generating a steady stream of monthly revenue for Realty Income, supporting increasing monthly dividends. Social media mentions are up 400% in the past 24h.