Realty Income (O) – Monthly Dividend
Realty Income A.K.A. the Monthly Dividend Company has rarely been attractively valued since the spring of 2010. However, rising interest rates have brought the price down to fair value. Consequently, this monthly dividend payer can be purchased with a 5.15% dividend yield and the 6.83% funds from operations or cash flow yield.
The real attraction here for Realty Income is the consistent, above average, dividend that has grown since the company was listed on the New York Stock Exchange in 1994. Although rising interest rates provide a challenge, I believe Realty Income (O) is up to the task.
Growth may slow a bit, but the fair valuation opportunity is too good and rare for income investors to pass up. If we do enter a recession, the price could drop lower temporarily. However, in the long run I believe Realty Income offers peace of mind, a steady level of income and modest capital appreciation.
FAST Graphs Analyze Out Loud Video
Start Collecting Daily Dividend Checks [sponsor]After researching income stocks for over 30 years, I've come up with a one of a kind dividend portfolio. With the right 20-30 stocks, you can collect a dividend check every single day the market is open. That's over 260 dividend checks per year. Click here for the names of these 20+ stocks.
Source: FAST Graphs