Realty Income is the largest net lease REIT with a strong financial position and a diversified business. It has a track record of reliably paying and growing its monthly dividend. Realty Income offers a 5.6% yield, higher than the S&P 500 and average REIT yields. The company has a history of increasing dividends for 30 years, paid monthly. It has over 15,600 properties, mostly in the retail sector.

Realty Income also offers geographic diversification in North America and Europe, with plans to offer management services to institutional investors. The company has a rock solid financial foundation, an investment-grade balance sheet, and a $50 billion market cap. While its size can limit growth, it offers a high yield for income-focused investors.

The Motley Fool Stock Advisor team did not include Realty Income in their list of 10 best stocks. However, Realty Income’s consistent dividend growth has benefits for investors seeking reliable income. By pairing it with faster-growing investments, investors can create a balanced portfolio for a secure financial future. The Motley Fool has positions in and recommends Realty Income and has a disclosure policy.

Read more at Yahoo Finance: Could Buying Realty Income Stock Today Set You Up for Life?