This Magnificent 5.5%-Yielding Dividend Stock Continues to Send More Cash to Investors
ORealty Income(O) fool.com·2024-05-21 17:13

Realty Income gives its investors yet another raise. Realty Income (O -0.27%) does a magnificent job paying dividends. The real estate investment trust (REIT) has paid 647 consecutive monthly dividends throughout its 55-year operating history. It recently increased its monthly payment by 2.1%. That marked the 107th straight quarter it increased the dividend, and the 125th time since its public market listing in 1994. The REIT's dividend will undoubtedly continue rising in the future. Here's why the already ...