Group 1: Realty Income - Realty Income is characterized as a reliable dividend stock with a focus on single-tenant properties under net leases, with 75% of its rents coming from retail assets [2] - The company has a diversified portfolio of over 15,600 properties across the U.S. and Europe, contributing to its stability [2] - Realty Income has increased its dividend annually for three decades, offering a yield of 5.6%, which is above the REIT average [3][5] Group 2: Vici Properties - Vici Properties owns casino properties rather than operating them, which positions it to benefit from the necessity of rent payments by casino operators [4] - The company has demonstrated resilience during economic downturns, including the pandemic, by increasing its dividend despite casino closures [4] - Vici Properties has an average annual dividend growth rate of around 7%, with a current yield of 5.4% [5] Group 3: Rexford Industrial - Rexford Industrial focuses exclusively on warehouse properties in Southern California, a significant market with supply constraints [6][7] - The company has a historically high yield of 5.2%, presenting an opportunity for long-term investors despite geopolitical concerns [6] - Rexford has achieved over a decade of dividend growth, with an annualized growth rate exceeding 10% [8] Group 4: Investment Considerations - For conservative investors, Realty Income is likely the preferred choice due to its stability [10] - Investors seeking higher dividend growth may favor Vici Properties, while those willing to take on more risk might consider Rexford Industrial for its rapid dividend expansion [10] - All three companies offer above-industry-average yields and are supported by strong business fundamentals [10]