This Elite High-Yield Dividend Stock Is Making Smart Moves to Cash In on High Interest Rates
Realty Income(O) The Motley Fool·2024-08-24 08:11
Realty Income continues to make wise investments. Realty Income (O 0.97%) has an exceptional track record of increasing its dividend. The real estate investment trust (REIT) has raised its payment for 107 straight quarters (and 126 overall) since coming public in 1994. It has grown its monthly dividend at a solid 4.3% compound annual rate during that period. One factor driving the REIT's steady dividend growth is its ability to continue expanding its portfolio. While higher interest rates have made it harde ...