This 5%-Yielding Passive-Income Stock Just Increased Its Dividend for the 108th Straight Quarter (and There's Plenty More to Come)
ORealty Income(O) The Motley Fool·2024-09-12 19:06

Realty Income steadily continues to push its dividend higher. Realty Income (O -0.32%) is a dividend-paying machine. The real estate investment trust (REIT) recently declared its 108th consecutive quarterly dividend increase. That raise was its 127th since going public in 1994 and continued the REIT's 30-year streak of raising its dividend at least once a year. The company has grown its payout by a 4.3% compound annual rate during that time. The company's latest dividend increase pushed its dividend yield a ...