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Realty Income is a high-yield dividend stock that has garnered attention for its stability and resilience in uncertain economic times.
Consistent Dividends and Growth
The company has a track record of consistent monthly dividends, boasting a robust dividend yield of 5.5% and a history of dividend growth spanning three decades.
- 649 consecutive monthly dividends
- 126 dividend increases since 1994
Realty Income’s unwavering commitment to delivering a solid base return to investors is evident in its impressive track record. Additionally, the company maintains a strong financial position with a conservative dividend payout ratio of less than 75% of its adjusted funds from operations (FFO) and two investment-grade bond ratings.
Stability and Resilience
The company’s lower volatility profile, as indicated by its beta of 0.5, underscores its stability and ability to weather challenging economic conditions. Furthermore, Realty Income’s tenant base predominantly comprises industries that demonstrate resilience to economic downturns and e-commerce pressures, positioning the company well to navigate potential market turbulence.
Overall, Realty Income emerges as a beacon of stability and reliability for investors seeking refuge in high-yield dividend stocks during periods of market volatility.
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