May 21, 2024
This Magnificent 5.5%-Yielding Dividend Stock Continues to Send More Cash to Investors
Realty Income (NYSE: O) does a magnificent job paying dividends. The real estate investment trust (REIT) has paid 647 consecutive monthly dividends throughout its 55-year operating history. It recently increased its monthly payment by 2.1%. That marked the 107th straight quarter it increased the dividend, and the 125th time since its public market listing in 1994.