Why This REIT Stock Is a Dividend Investor's Dream
If you're a dividend investor, you'd probably consider an ideal dividend stock to be one that pays a higher-than-average yield, with the dividend likely to steadily grow over time, right?
For a company to be able to consistently increase its dividend, it needs to be built on a stable foundation and have continued growth opportunities. One such company worth your investment consideration is Realty Income (NYSE: O), which is organized as a real estate investment trust.
REITs tend to have generous dividend yields -- Realty Income's yield is currently 4.6% -- because they're required to pay out at least 90% of their income as dividends in return for preferential tax treatment.
Source: Fool.com
Realty Income Corp Stock
€50.99
0.530%
We see a rather positive sentiment for Realty Income Corp with 13 Buy predictions and 2 Sell predictions.
With a target price of 58 € there is a slightly positive potential of 13.75% for Realty Income Corp compared to the current price of 50.99 €.
