Core Viewpoint - Realty Income Corporation (NYSE:O) is recognized as a strong candidate for a dividend stock portfolio due to its consistent and gradually increasing dividends [2][4]. Company Overview - Realty Income Corporation is an American real estate investment trust (REIT) that manages a diverse portfolio of commercial properties, including retail, industrial, and gaming facilities, supported by long-term triple net (NNN) leases [2][3]. - The NNN lease structure transfers the responsibility for operating expenses, such as maintenance, taxes, and insurance, to the tenants, providing predictable rental income [3]. Financial Performance - Approximately 75% of Realty Income's rental income is distributed as dividends, while the remaining cash flow is reinvested into acquiring additional income-producing properties [3]. - The company boasts one of the strongest balance sheets in the REIT sector, allowing for flexibility in funding new acquisitions [3]. - For the current year, Realty Income plans to invest around $5 billion in acquiring more properties [3]. Dividend Information - On September 9, Realty Income announced a 0.2% increase in its monthly dividend to $0.2695 per share, marking the 132nd dividend increase since its public listing in 1994 [4]. - As of September 21, the company offers a dividend yield of 5.47%, positioning it among the top stocks for dividend investment [4].