Realty Income: Fed's Potential Rate Cut Drives Capital Appreciation/Dividend Investment Story
ORealty Income(O) Seeking Alpha·2024-08-31 02:00

Nuthawut Somsuk We previously covered Realty Income (NYSE:O) in June 2024, discussing why it remained a Buy, thanks to the promising FQ1'24 earnings results from its improved investment spread, reiterated FY2024 profit guidance, and consistently raised dividend payouts. Combined with the stock's inherent undervaluation compared to its historical means, we believed that opportunistic investors might continue to add this dividend aristocrat for rich yields, while waiting for a potential upward rerating in its ...