Is Realty Income a Millionaire-Maker Stock?
Realty Income (NYSE: O) has been a reliable dividend stock for long-term investors. It's one of the world's largest real estate investment trusts (REITs), it pays monthly dividends, and it's raised its payout 128 times since its IPO in 1994. Its forward yield of 6% is also much higher than the 10-year Treasury's current yield of 4.8%.
But should investors expect Realty Income to generate millionaire-making gains over the next decade? Let's review its business model and historical returns to find out.
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Source Fool.com
