Reported 27 days ago
Realty Income, a renowned real estate investment trust (REIT), has announced its 108th consecutive quarterly dividend increase, further solidifying its reputation for dependable passive income. With a current dividend yield surpassing 5%, the REIT boasts a diversified portfolio of over 15,450 properties, sustaining its long-standing history of dividend growth due to stable rental agreements and financial resilience. The company aims for continued growth in adjusted funds from operations at a rate of 4% to 5% annually, highlighting its robust market position and commitment to investor returns.
Source: YAHOO