Realty Income: Dividend Keeps Growing

The major reason why I remain bullish about Realty Income is consistency of its dividends. The company raised its monthly dividend again on June 11 to $0.263 per share. There were dividend increases announced in May. The forward dividend yield is approximately 6% as of now. The trend is quite inspiring, and the management looks confident in O's bright near-term future. There was a boost to the lower end of O's FY2024 earnings guidance, and the management also increased its 2024 investment volumes expectatio ...