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This Dividend Stock Is Unlocking More Growth


As part of its international growth strategy, real estate investment trust Realty Income (NYSE: O) recently announced that it was expanding into Spain. If the company's excellent track record is any indication, there's little reason to expect that the REIT will be unable to find its footing in this new market. And given the trillions of dollars of net lease real estate in continental Europe, this announcement marks another important step toward effectively tripling Realty Income's total addressable market.

So what does this international expansion mean for the real estate investment trust? And is the stock a buy at today's prices?

Image source: Getty Images.

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Source Fool.com

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