At Friedrich Global Research we are searching for what we believe will be the safest and best performing companies in which to buy stocks. We focus on free cash flow, efficient capital allocation, and consistently superior results to identify the highest quality management teams.I consider Realty Income (NYSE: O ) to be more like a bond: safe, steady over time but with the benefit of a rising yield and some potential appreciation. Its price maintains an inverse relationship to interest rates, like bonds do, ...

Core Insights - The article highlights the challenge of finding high-yield dividend stocks in a buoyant stock market, emphasizing the potential of Realty Income, Healthpeak Properties, and Pfizer as attractive options for passive income generation. Group 1: Realty Income - Realty Income has seen its shares fall approximately 22% from their peak in 2022, yet it continues to raise its dividend payout, currently offering a 5.5% yield with a history of steady payout growth [4][5]. - The company makes monthly dividend payments and has raised its payout every quarter except one since going public over 30 years ago, despite facing challenges from rising interest rates [5]. - Realty Income's portfolio consists of 15,606 properties, and it only accounts for about 4% of the U.S. net lease REIT market, indicating significant growth potential, especially in Europe where it has a minimal market share [6]. Group 2: Healthpeak Properties - Healthpeak Properties, a net lease REIT, focuses on renting laboratory space to pharmaceutical and biotech companies and recently merged with Physicians Realty to enhance its portfolio [7][8]. - Following the merger, Healthpeak's stock price has declined, allowing it to offer a 6.8% dividend yield, despite a decrease in demand for laboratory space [8]. - The company expects funds from operations to be between $1.78 and $1.84 per share this year, which is sufficient to support its current annualized payout of $1.22 per share [9]. Group 3: Pfizer - Pfizer's shares have decreased about 60% from their all-time high during the COVID-19 pandemic, primarily due to declining sales of COVID-19 products and upcoming patent cliffs [10]. - Despite the stock price drop, Pfizer raised its dividend for the 16th consecutive year, currently offering a 6.9% yield [10]. - The company anticipates losing patent protection for key products, which could reduce annual sales by $17 billion to $18 billion between 2026 and 2028, but it has invested in new products expected to generate $20 billion in annual sales by 2030 [11][12].

These high-quality stocks trade at bargain basement prices.The market is getting more expensive as stocks continue to rise. The S&P 500's nearly 15% rally over the past year has pushed its price-to-earnings ratio up to more than 25 times. That's higher than the 24 it was a year ago and well above its high-teens average over the past decade. While the market as a whole is rather expensive, some stocks still trade at much more reasonable valuations. Energy Transfer (ET 0.34%) and Realty Income (O 1.08%) curre ...

Group 1: Brookfield Renewable - Brookfield Renewable is a leading global provider of renewable power and decarbonization solutions, generating stable and growing cash flow from hydroelectric, wind, and solar energy assets [3][4] - The company sells approximately 90% of its power under long-term power purchase agreements (PPAs) with an average remaining term of 14 years, with 70% of its revenue indexed to inflation, resulting in predictable cash flow to support a current dividend yield of 4.4% [4][5] - Brookfield expects inflation-driven rate increases to grow its funds from operations (FFO) per share by 2%-3% annually, with additional margin enhancement activities potentially adding another 2%-4% [5][6] - The company has a significant backlog of renewable energy projects, anticipating an additional 4%-6% growth in FFO per share from new developments [6] - Brookfield aims for over 10% annual growth in FFO per share in the future, supporting plans to increase dividends by 5%-9% each year, having grown its payout at a 6% compound annual rate since 2001 [7][8] Group 2: Invitation Homes - Invitation Homes is a real estate investment trust (REIT) focused on owning and managing single-family rental properties, with over 110,000 homes across 16 major housing markets [9][10] - The company benefits from strong demand, resulting in high occupancy rates and a 6.1% annual growth rate in same-store net operating income since its IPO in 2017, supporting a current dividend yield of 3.8% [10][11] - Invitation Homes actively acquires additional rental properties to enhance FFO per share growth, currently having over 1,800 homes under contract from leading homebuilders [11] Group 3: Realty Income - Realty Income is a REIT that invests in a diverse portfolio of commercial real estate secured by long-term net leases, providing stable rental income and a current dividend yield of 5.6% [12][13] - The REIT aims to distribute about 75% of its adjusted FFO as dividends while retaining the rest for new investments, supported by a strong balance sheet [13] - Realty Income has a history of increasing its dividend, having raised payments 131 times since its public listing in 1994, including for the past 111 consecutive quarters [13] Group 4: Investment Strategy - Brookfield Renewable, Invitation Homes, and Realty Income align with a dividend investment strategy, offering strong financial profiles and consistent dividend growth for enduring income [14]

Core Viewpoint - The article emphasizes the importance of holding high-yield dividend stocks for the long term, highlighting five specific companies that demonstrate sustainability in their dividends and growth potential. Group 1: AbbVie - AbbVie has successfully navigated the patent cliff of its leading drug Humira, which previously accounted for over 60% of its sales, and continues to grow despite declining sales from this drug [3][4] - The company has invested in research and development and made strategic acquisitions, positioning itself for long-term success [4] - AbbVie is recognized as a Dividend King, having increased its dividend for 53 consecutive years, with a payout increase of 310% since its spin-off from Abbott Labs in 2013, currently yielding 3.16% [5] Group 2: Enbridge - Enbridge operates with a low-risk, utility-like business model, transporting 30% of North America's crude oil and 20% of the U.S. natural gas, making it a stable investment [7][8] - The company is the largest natural gas utility in North America and is investing in renewable energy, projecting $50 billion in growth opportunities through the end of the decade [8] - Enbridge has a forward dividend yield of 5.71% and has increased its dividend for 30 consecutive years [9] Group 3: Enterprise Products Partners - Enterprise Products Partners is a midstream energy leader with over 50,000 miles of pipeline, transporting various energy products [10] - Unlike Enbridge, it does not operate a natural gas utility and is structured as a limited partnership, which may involve tax complexities [11] - The company offers a high distribution yield of 6.82% and has increased its distribution for 27 consecutive years [11] Group 4: Realty Income - Realty Income has provided positive operational returns every year since its NYSE listing in 1994, supported by a diversified property portfolio with 1,630 clients across 91 industries [12][13] - The company employs a triple-net-lease business model, transferring most costs to tenants, and has significant growth opportunities in Europe [13] - Realty Income currently yields 5.55% and has increased its payout for 30 consecutive years [14] Group 5: Verizon Communications - Verizon is one of the largest wireless providers globally, benefiting from high entry barriers in the wireless network market [15] - Despite past performance challenges, the company is currently generating industry-leading wireless service revenue and has potential growth with the rollout of 6G networks by the end of the decade [16] - Verizon's dividend yield is 6.17%, and it has increased its dividend for 18 consecutive years, with expectations for continued growth [17]

Core Insights - The article highlights three reliable dividend-paying REITs: Essex Property Trust, Federal Realty Investment Trust, and Realty Income, emphasizing their strong track records in generating passive income from real estate investments [2][15]. Essex Property Trust - Essex Property Trust is a residential REIT focused on the West Coast, benefiting from high housing demand and occupancy rates, which drives steady rent growth [4]. - Over the past 20 years, Essex's same-property net operating income has grown by 126%, significantly outpacing the 103% average growth rate of its multifamily REIT peers [5]. - Essex has increased its dividend by 216% over the same period, compared to a 97% average for its peers, and has raised its dividend for 31 consecutive years by a cumulative 516% [6]. - The company maintains a conservative dividend payout ratio and a strong balance sheet, allowing for continued investment in its portfolio [7]. Federal Realty Investment Trust - Federal Realty is a retail REIT that focuses on high-quality mixed-use properties in affluent metro markets, emphasizing quality over quantity [8]. - Since 2005, Federal Realty has increased its FFO per share by over 134%, while larger peers have shown significantly lower growth rates [9]. - The company has maintained its dividend for 58 consecutive years, supported by a strategy of recycling capital to invest in higher-quality properties [10][11]. Realty Income - Realty Income aims to provide dependable monthly dividends, having increased its payment 131 times since its public listing in 1994, with a record of 111 consecutive quarters of dividend increases [12]. - The REIT focuses on properties that generate stable rental income, secured by long-term net leases with leading companies, particularly in resilient industries [13]. - Realty Income's adjusted FFO per share has grown at a rate of over 5% annually, supporting a compound annual dividend growth of 4.2% [14].

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Coca-Cola, Altria, IBM, Cisco, and Realty Income are stable income plays.Dividend stocks are often considered slow-growth investments since companies generally start paying dividends only after they run out of places to invest their excess cash. Many dividend stocks also lost their luster in 2022 and 2023 as rising interest rates made risk-free CDs and U.S. Treasury bills more appealing to income investors.But as interest rates declined in 2024, many investors rotated back toward dividend stocks. The Federa ...

Realty Income (NYSE: O ) is one of the popular REITs ( VNQ ) in the world. It is widely admired for its 30-year dividend growth track record, and it receives almost exclusively positive coverage on Seeking Alpha:Your timing is perfect! We’ve just released our latest top investment picks for September 2025, and by joining today, you’ll gain immediate access to these exciting opportunities.We invest thousands of hours and over $100,000 annually into researching the most profitable investment opportunities—all ...

Since my last analysis on Realty Income , the company's stock has not really moved despite a relatively positive earnings result . I want to take another deep dive into the company to graspAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anything that has been unlo ...