Friday, April 27, 2018 2:26:24 AM
Read This Before Buying Realty Income Corporation (NYSE:O) For Its Upcoming $0.22 Dividend
Investors who want to cash in on Realty Income Corporation’s (NYSE:O) upcoming dividend of $0.22 per share have only 3 days left to buy the shares before its ex-dividend date, 30 April 2018, in time for dividends payable on the 15 May 2018. Should you diversify into Realty Income and boost your portfolio income stream? Well, keep on reading because today, I’m going to look at the latest data and analyze the stock and its dividend property in further detail. View our latest analysis for Realty Income
5 checks you should use to assess a dividend stock
When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:
Is their annual yield among the top 25% of dividend payers?
Has it paid dividend every year without dramatically reducing payout in the past?
Has dividend per share amount increased over the past?
Is it able to pay the current rate of dividends from its earnings?
Will it be able to continue to payout at the current rate in the future?
NYSE:O Historical Dividend Yield Apr 26th 18
NYSE:O Historical Dividend Yield Apr 26th 18
How well does Realty Income fit our criteria?
Although REITs are expected to payout a high portion of the earnings, Realty Income currently pays out more than double its net income, which suggests that the dividend is not well-covered by earnings by any means. In the near future, analysts are predicting a more sensible payout ratio of 185.99%, leading to a dividend yield of 5.43%. Furthermore, EPS should increase to $1.36, meaning that the lower payout ratio does not necessarily implicate a lower dividend payment. If dividend is a key criteria in your investment consideration, then you need to make sure the dividend stock you’re eyeing out is reliable in its payments. In the case of O it has increased its DPS from $1.65 to $2.63 in the past 10 years. It has also been paying out dividend consistently during this time, as you’d expect for a company increasing its dividend levels. This is an impressive feat, which makes O a true dividend rockstar. Compared to its peers, Realty Income generates a yield of 5.31%, which is high for REITs stocks.
Next Steps:
With this in mind, I definitely rank Realty Income as a strong dividend stock, and makes it worth further research for anyone who likes steady income generation from their portfolio. Given that this is purely a dividend analysis, I recommend taking sufficient time to understand its core business and determine whether the company and its investment properties suit your overall goals. Below, I’ve compiled three fundamental aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for O’s future growth? Take a look at our free research report of analyst consensus for O’s outlook.
Valuation: What is O worth today? Even if the stock is a cash cow, it’s not worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether O is currently mispriced by the market.
https://www.yahoo.com/finance/news/read-buying-realty-income-corporation-175434971.html
"PEACE"
Recent O News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:48:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:40:15 PM
- 127th Common Stock Monthly Dividend Increase Declared by Realty Income • PR Newswire (US) • 09/10/2024 08:05:00 PM
- Form CERT - Certification by an exchange approving securities for listing • Edgar (US Regulatory) • 09/04/2024 03:25:11 PM
- Form 8-A12B - Registration of securities [Section 12(b)] • Edgar (US Regulatory) • 09/04/2024 11:34:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 10:49:57 AM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/28/2024 08:44:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 08:41:27 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/28/2024 08:39:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 12:19:25 PM
- Realty Income Announces Full Redemption of its Series A Preferred Stock • PR Newswire (US) • 08/28/2024 12:13:00 PM
- Realty Income Prices £700 Million Dual-Tranche Offering of Sterling-Denominated Senior Notes • PR Newswire (US) • 08/27/2024 10:55:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 08/27/2024 08:03:05 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/27/2024 10:02:59 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 08:23:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 09:41:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/23/2024 09:16:06 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/20/2024 08:49:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 08:40:39 PM
- Realty Income Successfully Prices $500 Million Offering of Senior Notes Due 2054 • PR Newswire (US) • 08/19/2024 11:20:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 08/19/2024 09:27:20 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/19/2024 12:53:33 PM
- Realty Income Announces 650th Consecutive Common Stock Monthly Dividend and Declares Preferred Stock Quarterly Dividend • PR Newswire (US) • 08/15/2024 08:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:11:42 PM
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