Dividend investors are always on the hunt for the best combination of yield and company quality. Right now, you can get above-average yields from industry-leading companies in the real estate investment trust (REIT) sector. Giant high-yield landlords Realty Income (O 1.63%) and Simon Property Group (SPG 1.29%) are two companies that you might want to buy today.Why buy real estate investment trusts?Real estate investment trusts were specifically designed to generate tax-advantaged income for investors. Prope ...

Company Overview - Realty Income has a market capitalization of $50.95 billion, positioning it as a significant player in the REIT sector [1] - The company has demonstrated substantial growth over the years, primarily through acquisitions of other major industry players [1] Industry Insights - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and the companies that generate it [1] - The service aims to identify value and growth prospects within the sector [1] Subscriber Benefits - Subscribers have access to a model account featuring over 50 stocks, detailed cash flow analyses of exploration and production firms, and live chat discussions about the sector [2]

Financial Data and Key Metrics Changes - Realty Income achieved an AFFO per share growth of 4.8% in 2024, marking the fourteenth consecutive year of growth [21] - The company reported a total operational return of 10.2% for investors who held its stock in 2024, supported by a 5.4% dividend yield [21] - The net debt to annualized pro forma adjusted EBITDAR was 5.4 times at the end of Q1 2025 [26] Business Line Data and Key Metrics Changes - Realty Income's portfolio includes over 15,600 properties across 91 industries, with a high occupancy rate of 98.5% at the end of Q1 2025 [18][23] - The company invested $2 billion in the US at a 6.9% weighted average initial cash yield and $1.9 billion in Europe at an 8% weighted average initial cash yield in 2024 [21] - The company completed 15 transactions in 2024 with total consideration exceeding $50 million, including a $770 million sale-leaseback transaction with 7-Eleven [22] Market Data and Key Metrics Changes - In 2025, 60% of total investment volume came from Europe, highlighting the company's global reach [22] - Realty Income has expanded into new verticals, including industrial, gaming, and data centers, increasing its total addressable market [24] Company Strategy and Development Direction - The company aims to maintain a conservative capital structure while expanding into new verticals to bolster growth [25] - Realty Income's strategy focuses on acquiring high-quality real estate leased to leading operators in economically resilient industries [18] - The company anticipates approximately $4 billion in investment volume for 2025, supported by a strong balance sheet and liquidity [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to drive results despite external volatility, emphasizing the stability of its business model [27] - The company remains focused on creating durable long-term value and consistently returning capital to shareholders through monthly dividends [27] Other Important Information - Realty Income celebrated 30 years of being listed on the New York Stock Exchange in 2024, achieving a 13.6% compound annual total shareholder return since listing [19] - The company is one of only 69 companies in the S&P 500 Dividend Aristocrat Index, having increased its dividend for over 30 consecutive years [20] Q&A Session Summary Question: How can there be more access to information for retail shareholders? - The company posts its 10-Q and 10-K reports quarterly and annually, along with an annual shareholder proxy statement and investor presentations available on its website [28][29] Question: What are the company's values? - Management reassured that Realty Income is a value-driven organization with a clear purpose, mission, and values, supported by engagement surveys conducted every eighteen months [30]

Analyst's Disclosure: I/we have a beneficial long position in the shares of ADC, O, V, PEP 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 business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whe ...

Realty Income (O -1.30%) has been a very reliable investment in its 30 years as a public company. The real estate investment trust (REIT) has delivered positive earnings growth in 29 of those 30 years. Meanwhile, it has increased its dividend every single year. "Our ability to deliver reliable performance through varying market conditions remains a hallmark of our platform," stated CEO Sumit Roy on the REIT's first-quarter earnings conference call. It has strategically focused on building a more durable bus ...

Company Overview - Realty Income Corporation, known as "The Monthly Dividend Company®," has declared its 659th consecutive common stock monthly dividend of $0.2685 per share, which annualizes to $3.222 per share, payable on June 13, 2025 [1] - As of March 31, 2025, Realty Income has a diversified portfolio of over 15,600 properties across all 50 U.S. states, the U.K., and six other European countries [2] - The company has been recognized as a member of the S&P 500 Dividend Aristocrats® index for increasing its dividend for over 30 consecutive years [2] Dividend Information - The declared monthly dividend of $0.2685 per share reflects the company's commitment to delivering dependable monthly dividends that increase over time [1][2] - The dividend is payable to stockholders of record as of June 2, 2025, demonstrating the company's ongoing financial stability and commitment to its shareholders [1]

Core Insights - The article discusses the journey to financial independence through disciplined living and strategic investing, highlighting the transition from financial struggle to freedom within a six-year period [2]. Group 1: Financial Independence Journey - The individual began blogging in 2011 about achieving financial independence by living below means and investing wisely [2]. - Achieved financial freedom at the age of 33 after starting from a position of being "below broke" at 27 [2]. Group 2: Investment Focus - The content created focuses on dividend growth investing, emphasizing the importance of living off dividends and identifying undervalued high-quality dividend growth stocks [2]. - The individual also explores high-yield investment opportunities and other long-term investment strategies [2].

Group 1: American Express - American Express is a major player in the credit card industry and also operates as a bank, issuing its own cards and managing its own balance sheet [4][5] - The company has seen a 4% increase in active cards, reaching 123.3 million in 2024, generating revenue from both card processing fees and interest payments [4] - American Express has achieved compound annual growth rates (CAGRs) of 10% in revenue and 12% in earnings per share (EPS) from 2019 to 2024, with expected CAGRs of 8% and 13% from 2024 to 2027 [6] - The stock has a forward dividend yield of 1.2% and has raised its payout for 13 consecutive years, with a low payout ratio of 20% allowing for future increases [7] Group 2: Realty Income - Realty Income is one of the largest real estate investment trusts (REITs) globally, focusing on acquiring properties and distributing rental income to investors [8] - The company owns 15,621 properties leased to 1,565 clients across over 89 industries, primarily targeting recession-resistant retailers [9] - Realty Income maintains a high occupancy rate, which rose from 98.6% in 2023 to 98.7% in 2024, and has never dropped below 96% since its IPO in 1994 [10] - The REIT pays monthly dividends and has increased its payout 130 times since its IPO, with a forward annual dividend of $3.22 per share, yielding 5.7% [11] - The expected adjusted funds from operations (AFFO) for this year range from $4.22 to $4.28 per share, indicating strong coverage for dividend payments [12]

Group 1 - The iREIT® service, led by Brad and HOYA Capital, focuses on various income-oriented investment vehicles including REITs, BDCs, MLPs, and Preferreds, providing extensive research and data on over 250 tickers [1] - The team behind iREIT® has over 100 years of combined experience, including professionals from diverse backgrounds such as hedge fund management and military service [1] - Brad Thomas, a key figure in real estate investing, has over 30 years of experience and has been involved in transactions exceeding $1 billion in commercial real estate [2] Group 2 - Brad Thomas is also an author of four books, including "REITs For Dummies," indicating his expertise and contribution to the field of real estate investment [2]

Core Insights - The article estimates the investment spread generated by a selected group of investment-grade net-lease REITs in Q1 2025 and ranks them accordingly [1] Group 1: Investment Analysis - The REITs discussed have all declared their Q1 results, indicating a focus on recent performance metrics [1] - The analysis is sector agnostic, allowing for a broad evaluation of various companies as long as their business models are understood [1] Group 2: Personal Background of the Analyst - The analyst has a background in finance, having earned a CFA charter and CIPM certificate, which adds credibility to the analysis [1] - The analyst's experience includes assisting firms in complying with Global Investment Performance Standards (GIPS), highlighting a strong foundation in investment performance evaluation [1]