Is Realty Income's 5.6% Dividend Yield Too Good to Pass Up?
Realty Income just hiked its dividend as usual, but Wall Street hasn't warmed to its newest initiatives.For investors of Realty Income (O 1.00%), the number 666 is significant. It's the number of consecutive monthly dividends that this income machine will have paid out when they collect their next check this week.For decades, Realty Income couldn't be stopped. Since 1994, it has grown revenue from $49 million to $5.27 billion in 2024, a 10,657% increase. While the company frequently raises its payouts by on ...