Realty Income (NYSE: O) is a real estate investment trust (REIT) that buys single-tenant properties and rents them out using the net lease approach. With a market cap of around $45 billion and a dividend yield near-decade highs at 5.8%, Realty Income is a well-run dividend stock that looks historically cheap right now. Despite a recent decline in stock price due to rising interest rates, the business fundamentals remain strong. For investors looking to build a reliable dividend portfolio, Realty Income is a stock worth considering. The Motley Fool Stock Advisor team has identified 10 best stocks to buy now, and Realty Income wasn’t one of them.

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