Buy This Blue Chip Dividend Stock and Relax
It's a proven fact that the world is filled with uncertainty. At a moment's notice, a recession could occur, or a war could break out. This is what makes it so important for investors to build their portfolios on a solid foundation to withstand just about anything.
One way to do this is to purchase stocks with decades of dividend growth to their credit. Having boosted its monthly dividend for 29 years straight, Realty Income (NYSE: O) has been put to the test and delivered, time and time again. Here's what makes the stock a trusty pick for investors seeking reliably growing income.
With more than 12,400 properties throughout the U.S., Puerto Rico, the United Kingdom, Italy, and Spain, Realty Income is a well-established real estate investment trust (REIT). The company's $42 billion market capitalization ranks it as the sixth largest publicly-traded real estate company on the U.S. market.
Source Fool.com
