Realty Income's Boosted Guidance Indicates Potential Opportunity to Buy 6% Yielding Stock

Reported 10 months ago

Realty Income, a favorite among income-focused investors with an attractive yield and monthly dividend, recently raised its guidance for the year, suggesting a positive outlook. Despite struggles over the past few years due to rising interest rates affecting property valuations, the REIT plans to invest more in new properties, particularly in Europe. With stabilized interest rates and increased forecasts, now could be a good time to consider investing in Realty Income for potential future growth.

Source: YAHOO

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