This Dirt Cheap Stock Has Raised Its Dividend for Over 25 Years in a Row. Here's Why It's Worth a Look Right Now.
Realty Income(O) The Motley Fool·2024-07-10 10:12
The proof is in the performance. Even though Realty Income is well off its highs right now, the stock still has generated a 13.6% annualized total return since its 1994 NYSE listing. To put this into perspective, consider that a $10,000 investment in Realty Income 30 years ago would be worth about $470,000 today, more than double what an S&P 500 index fund would have produced. With interest rates widely expected to start falling later this year, and to continue to normalize for the next few years, it could ...