Could Buying Realty Income Stock Today Set You Up for Life?
A strong business foundation is the cornerstone of a company's operations, but also of your portfolio. Investors looking to set themselves up with a lifetime of high-quality income will want to start with great businesses that also happen to have high yields.
That is exactly what Realty Income (NYSE: O) and its lofty 5.6% yield offer today. Here's what you need to know.
The S 500 index (SNPINDEX: ^GSPC) has a miserly dividend yield of 1.2% today. The average real estate investment trust's (REIT's) yield is 3.9%. Realty Income's average yield over the past decade was roughly 4.5%. The net lease REIT's yield today is around 5.6%.
Source Fool.com
