Realty Income (NYSE: O) down 33% from pre-COVID levels, still offering a 6% dividend yield.

From Yahoo Finance: 2025-04-11 05:39:00

The stock market can be volatile, impacted by factors like tariffs. Despite this, buying stocks in strong companies during dips has historically been wise. Realty Income (NYSE: O), a REIT, is down over 30% from pre-COVID levels. It pays a 6% dividend, popular with investors for its monthly payments and above-average yield.

Realty Income owns 15,621 properties, renting to over 1,500 tenants in the U.S. and Europe, specializing in retail spaces. It has resilient rental revenue, even during COVID-19, maintaining a 32-year streak of paying and increasing dividends. Reinvesting dividends has led to impressive total returns, despite recent declines.

Higher interest rates have impacted Realty Income’s growth, yet its FFO per share has increased. With a timeless business model, the company continues to expand into new markets like gaming. The 6% dividend yield, backed by a solid financial position, offers potential for 10%-12% annual returns.

Realty Income’s stock price decline and profit growth present a compelling buying opportunity. Valued at under 13 times its 2024 FFO, the company’s steady growth and dividends could make it a lucrative long-term investment. Consider Realty Income as a strong choice in today’s market volatility.



Read more at Yahoo Finance: 1 Magnificent S&P 500 Dividend Stock Down 33% to Buy and Hold Forever