I recently bought this REIT for dividend income. It is called Realty Income (O) and is currently offering a 5.3% dividend yield. The dividend is backed by cash flows from largely investment-grade tenants on a triple-net lease basis. It has dubbed itself “The Monthly Dividend Company“. This shows the emphasis on the monthly dividend payouts that have been raised yearly for more than a quarter of a century now. The latest earnings call has given me the confidence to buy shares in this company.
My full analysis report including valuation and risks involved, can be found here.
REITs are a great way to exposure to real estate income without taking on debt or actively managing properties yourself. If you want to see my take on physical real estate vs REITs, please read my article here.
Disclaimer: I am long O. This is NOT an investing recommendation. You can lose your invested capital. I am not a financial professional of any kind. The analysis published should NOT be considered to be investing recommendation or basis for financial planning. Before making any investing or financial decisions, contact an appropriate professional.All content on this website is for entertainment purposes only.
