Reported about 22 hours ago
Realty Income Corp (NYSE: O) has proven to be a reliable high-yield dividend stock, showing a remarkable 14.3% compound annual total return since its NYSE debut in 1994. The real estate investment trust (REIT) has consistently increased its dividends, paying out over $14.1 billion over the years and boosting payouts 127 times. With a target of growing its adjusted funds from operations by 4-5% annually, Realty Income is poised to continue rewarding its investors, potentially doubling their investment every seven years.
Source: YAHOO