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.

Continue reading


Source: Fool.com