From Nasdaq: 2024-05-25 18:10:00

Passive income investors are drawn to real estate investment trusts (REITs) like Realty Income (NYSE: O) for their high-yielding dividends. Realty Income pays a monthly dividend of $0.2625 per share, giving investors a forward yield of approximately 5.7%. Despite a 4% drop in its stock price this year, the company’s dividend yield remains attractive, outperforming the S&P 500 average. If you had invested $1,000 in Realty Income stock five years ago and reinvested dividends, it would be worth $1,040 today, despite a 18% decline in the stock price. Realty Income has a strong track record of paying dividends monthly for over 53 years with 107 consecutive quarterly increases.

While Realty Income is a popular choice for dividend investors, it did not make the list of the 10 best stocks identified by the Motley Fool Stock Advisor analyst team. The report highlights 10 stocks with potential for high returns in the future, drawing a comparison to Nvidia’s outstanding performance after being recommended by the service. Stock Advisor offers guidance on portfolio building, regular analyst updates, and two new stock picks each month, with returns quadrupling the S&P 500 since 2002. Jennifer Saibil, the author, does not hold positions in the mentioned stocks, but The Motley Fool has positions in and recommends Realty Income.



Read more at Nasdaq: If You’d Invested $1,000 in Realty Income Stock 5 Years Ago, Here’s How Much You’d Have Today