Core Insights - Realty Income is a leading real estate investment trust (REIT) known for its strong performance and consistent dividend growth, delivering a 13.4% compound average annual total return since its public listing in 1994 [2] - The REIT has significantly expanded its portfolio, growing from $565 million in commercial real estate in 1996 to over $58 billion today, making it the seventh largest REIT globally [3] - Realty Income has maintained a focus on accretive investments that enhance cash flow per share, achieving a 5% compound annual growth rate in adjusted funds from operations (FFO) per share since going public [4] Dividend Growth - Realty Income has raised its dividend 129 times since its public debut, with a current yield of 5.6%, and has achieved a 4.3% compound annual growth rate in dividends [5] - A $100 investment at the time of its public offering would have grown to over $4,000 through reinvested dividends, outperforming traditional index funds [5] Financial Stability - The REIT pays out approximately 75% of its rental income in dividends, retaining $930 million last year for new investments [7] - Realty Income boasts a strong balance sheet, being one of only eight REITs with bond ratings of A3/A- or higher, allowing for lower borrowing costs [7] Growth Opportunities - Realty Income identifies $5.4 trillion of suitable commercial real estate for net leases in the U.S. and $8.5 trillion in Europe, providing ample investment opportunities [8] - The company is expanding into new property verticals, including gaming and data centers, and entering international markets such as France, Germany, and Portugal [8] Long-term Investment Potential - Realty Income is positioned as a proven wealth creator with a strong portfolio, financial profile, and growth prospects, making it an attractive long-term investment [10]
Got $100? Buy This Top Dividend Stock and Never Look Back.