
Group 1: Realty Income - Realty Income is known as "the monthly dividend company" due to its 12 annual dividend distributions, offering a yield of 5.13%, significantly higher than the S&P 500 average of 1.32% [2] - The company focuses on stable industries such as grocery stores, convenience stores, and dollar stores, making it resilient in various economic conditions, especially with a 35% recession probability forecasted by J.P. Morgan Chase [3] - Realty Income has a market cap of 9.5 billion, driven by a 13.1% volume increase in heated tobacco products and a 20% increase in oral nicotine products, with the smoke-free segment achieving a gross profit margin of 22.2% compared to 5.5% for combustibles [7] - The company offers a dividend yield of 4.47% and has increased its payout for 15 consecutive years, although it has suspended share repurchases until at least 2026 to focus on debt reduction following a $16 billion acquisition of Swedish Match in 2022 [8] Group 3: Investment Comparison - Both Realty Income and Phillip Morris International are considered excellent long-term investments, but they cater to different investment strategies [9] - Realty Income provides a larger dividend yield and a more stable business model, while Phillip Morris is expected to achieve greater stock-price appreciation through its shift to higher-margin alternative products [9]