REIT - Realty Income Stock: How Investors Can Buy For The Yield Ahead Of Q4 Earnings | Benzinga
Realty Income Corp (NYSE:O), will be reporting its fourth-quarter earnings on Feb. 20. Wall Street expects 33 cents in EPS and $1.02 billion in revenues as the company reports after market hours.
Realty Income is a REIT specializing in monthly dividend payments. It is often referred to as “The Monthly Dividend Company” due to its consistent and reliable dividend distribution to investors. Currently, forward dividend yield on the stock stands at 5.92%.
The 5-year average annualized dividend growth rate of Realty Income is 2.61%. The TTM year-over-year dividend growth rate is 3.02%.
Also Read: These REITs Pay You Monthly Dividends With Yields Up to 5.7%