Today, we revisit one of, if not, the most popular REITs on Seeking Alpha, Realty Income (NYSE: O ). This article is going to be a year-end follow up to coverage we posted in July, which is linked below.Analyst’s Disclosure: I/we have a beneficial long position in the shares of O, ADC, EPRT, NNN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busines ...

Company Overview - Brad Thomas has over 30 years of real estate investing experience and has been involved in over $1B in commercial real estate transactions [2] - Brad Thomas is a Wall Street writer and author of four books, including "REITs For Dummies" [2][4] - Brad Thomas leads the investing group iREIT®+HOYA Capital, which covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives [1] - The iREIT®+HOYA Capital team has a combined 100+ years of experience, including former hedge fund managers, portfolio managers, and advisors to a former U.S. President [1] Industry Focus - The investing group iREIT®+HOYA Capital specializes in income-oriented alternatives such as REITs, BDCs, MLPs, and Preferreds [1] - Brad Thomas has extensive experience in commercial real estate, with over $1B in transactions [2]

Dividend Increase Announcement - Realty Income Corporation (O) increased its common stock monthly cash dividend to 26.40 cents per share from 26.35 cents, marking its 128th dividend hike since its NYSE listing in 1994 [1] - The new dividend will be paid on Jan 15, 2025, to shareholders of record as of Jan 2, 2025, resulting in an annualized dividend of $3.168 per share and a dividend yield of 5.68% based on the Dec 10 share price of $55.78 [2] - This marks the company's 654th consecutive monthly dividend payout in its 55-year history [3] Dividend Growth and Consistency - Realty Income has made 109 consecutive quarterly dividend hikes and achieved a compound average annual dividend growth rate of 4.2% since its NYSE listing [4] - The company has increased its dividend 23 times in the last five years, with a five-year annualized dividend growth rate of 3.04% [5] Business Model and Financial Strength - Realty Income's business model supports sustainable dividend payments through reliable cash flows from its high-quality portfolio, with a focus on service-oriented, non-discretionary, and low-price-point retail tenants [6] - The company invested $740.1 million in 169 properties during Q3 2024, achieving an initial weighted average cash yield of 7.4%, and raised its 2024 investment volume guidance to approximately $3.5 billion [7] - Realty Income maintains a healthy balance sheet with $5.2 billion in liquidity, a net debt to annualized pro forma adjusted EBITDAre of 5.4x, and a fixed charge coverage of 4.6x [8] - The company's financial flexibility and lower debt-to-equity ratio compared to the industry support the sustainability of its dividend payments [9] Industry Context - Mid-America Apartment Communities (MAA) increased its quarterly dividend by 3.1% to $1.515 per share, with an annualized dividend of $6.06 per share [11] - Alexandria Real Estate Equities, Inc (ARE) announced a 1.5% sequential hike in its Q4 2024 cash dividend to $1.32 per share [12] - Whitestone REIT (WSR) declared a 9% increase in its monthly cash dividend to 4.5 cents per share for Q1 2025 [13]

I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of O, SPG, NNN ...

Group 1 - Realty Income (NYSE: O) has experienced flat total returns over the past five years, including dividends, which has been challenging for investors [1] - The company provides real estate to many of the largest retailers and corporations, indicating a significant role in the commercial real estate sector [1] Group 2 - Wright's Research employs a disciplined, long-term approach rooted in contrarian thinking and unorthodox strategies, focusing on fundamental analysis and value investing [1] - The aim is to uncover overlooked opportunities and challenge prevailing market narratives, guiding investors toward sustainable, value-driven decisions [1]

A falling-interest-rate environment is generally a positive catalyst for the stock market. With lower rates from risk-free investments such as CDs, more money rotates into riskier assets like stocks. Plus, lower borrowing costs make people more comfortable with spending money, leading to increased economic activity.Having said that, there are some areas of the stock market that tend to benefit from falling rates more than others. One in particular is real estate, and it could be a great time to shop for top ...

Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG inves ...

Realty Income (O -1.16%) is a giant in the net lease segment of the real estate investment trust (REIT) sector. It is so large that generating additional growth requires massive investments in new assets each year. But this challenge isn't dissuading management; it has made several key moves to ensure that the REIT can continue to grow in the future. The most recent strategic push is only just getting underway. Here's what you need to know about it now.Realty Income is the 800-pound gorilla of net leaseReal ...

Realty Income (O -1.16%) has been a magnificent investment over the years. The real estate investment trust (REIT) has delivered consistent returns and dividends. It also has a strong balance sheet, putting it in an excellent position to continue growing. These features should make it a core holding in any investment portfolio. Here's a closer look at everything the REIT has to offer.A proven performerRealty Income has been a model of consistency over the years. The REIT has delivered a positive total opera ...

When it comes to investing, we all choose different vehicles to get us to our end goal. For income investors like myself, we prefer the stability that a reliable cash flow provides. Having a consistent stream of income generated from yourFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicle ...