Reported 2 days ago
Realty Income, a California-based real estate investment trust (REIT), has proven to be a reliable investment, consistently paying monthly dividends for over 55 years and increasing its dividend 132 times. With a 98.5% occupancy rate across its extensive portfolio of 15,600 commercial properties, it stands out in a challenging real estate market. While the overall industry faces pressures, Realty Income has managed a year-to-date stock increase of 11%, demonstrating its resilience and ability to provide steady income for patient investors.
Source: YAHOO