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Sunday, 02/19/2023 1:45:59 AM

Sunday, February 19, 2023 1:45:59 AM

Post# of 248
Realty Income - >>> Realty Income (NYSE:O) has been a dependable income stock over the years. The real estate investment trust (REIT) delivered its 100th consecutive quarter of dividend increases in late 2022 and has boosted its payout 117 times since its initial public offering (IPO) in 1994. It has delivered more than 25 years of dividend growth, putting it in the elite category of a Dividend Aristocrat.

The REIT focuses on buying essential retail properties (think home improvement, grocery, and convenience stores) and industrial real estate. It triple net leases (NNN) the freestanding properties to high-quality tenants, making them responsible for building insurance, maintenance, and real estate taxes. That provides Realty Income with very stable income to continue increasing its dividend.

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https://www.fool.com/investing/stock-market/types-of-stocks/income-stocks/


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