Reported 2 days ago
Realty Income, a reliable real estate investment trust (REIT) known for raising dividends for over 30 years, has seen its stock price drop 9% despite strong performance, making it an attractive investment opportunity. With a dividend yield of around 5.5% and a projected growth in adjusted funds from operations, Realty Income is well positioned for long-term growth, especially with its vast and diverse property portfolio valued at $61 billion. The company’s expansion into European markets and new investment areas further enhance its growth potential, making it a solid choice for those looking for consistent dividend income.
Source: YAHOO