Core Insights - Investing in high-quality dividend stocks like Realty Income and Oneok provides reliable retirement income due to their proven track records of consistent dividend payments [2][11] Realty Income - Realty Income is a REIT focused on providing dependable monthly dividends that grow over time, having paid 664 consecutive monthly dividends and raised payments 132 times since its public listing in 1994 [3][4] - The current dividend yield for Realty Income is 5.5%, significantly above the S&P 500's average yield of around 1.2%, allowing investors to generate more income from their investments [4] - The company maintains durable cash flows through a diversified real estate portfolio, with over 90% of rent coming from tenants in resilient sectors, ensuring predictable cash flow [5][6] - Realty Income pays out about 75% of its adjusted funds from operations in dividends, allowing it to retain cash for further investments while maintaining a strong balance sheet [6] Oneok - Oneok has a long history of dividend stability and growth, with a current dividend yield of 6%, and has nearly doubled its payout over the past decade [7][10] - The company operates a balanced portfolio of energy infrastructure assets supported by long-term, fee-based contracts, providing stable cash flow for dividend coverage [8] - Oneok has several high-return organic expansion projects planned through mid-2028, along with a history of acquisitions that will enhance its financial performance [9][10] - The company anticipates a 3% to 4% annual growth rate in dividends, supported by ongoing demand for energy, particularly natural gas [10]

Group 1: Brookfield Infrastructure - Brookfield Infrastructure is a leading infrastructure investor with a diverse portfolio including utilities, pipelines, data centers, and transportation assets globally [4] - The company has increased its dividend payout by 32.7% since 2020, currently offering a yield of 4.5% [5] - In the first quarter, funds from operations (FFO) rose 12% year over year, attributed to rate increases and acquisitions [6] - The company made growth capital expenditures of $730 million in the first quarter, maintaining $4.9 billion in liquidity for future investments [7] Group 2: Omega Healthcare Investors - Omega Healthcare Investors is a REIT focusing on skilled nursing and transitional healthcare facilities, with a portfolio of 978 operating facilities [9][10] - The company has maintained a steady dividend payout since 2019, despite challenges posed by the COVID-19 pandemic [11] - At recent prices, Omega offers a yield of 7.2%, with management expecting adjusted FFO to be between $2.95 and $3.01 per share in 2025 [12] Group 3: Realty Income - Realty Income is a net lease REIT known for its long track record of steady dividend increases, currently offering a yield of 5.7% [13] - The company has a diversified portfolio of 15,621 buildings, primarily in convenience stores and service-oriented retail [14] - Realty Income has leveraged its A3 credit rating to borrow $600 million at a low interest rate of 5.3% over the next 10 years, positioning itself well for future growth [16]