2024-06-20 07:00:00 ET
Summary
- Realty Income is one of the most attractive high-yield aristocrats you can buy today. It's the 2nd highest A-rated aristocrat, 2nd only to EPD.
- Realty is a highly recession-resistant business. It had the most stable cash flows and balance sheet in the Great Recession.
- It was one of 18 REITs to raise its dividend through the GFC, and the only REIT in the S&P to grow during the Pandemic.
- Its median bear market decline is less than 60-40, and its correlation to the stock market is a very low 0.15 to 0.38, as low as gold or municipal.
- Realty's short-term return potential is 75% through 2026, but long-term 10% to 11% is very attractive given its incredible low volatility and diversification benefits. Management's growth guidance of 4% to 5% and 10% to 11% returns has a 150 to 200 year growth outlook, the longest of any company I know of.
Do you dream of generous, dependable, and steadily growing income in all economic conditions and market environments?
I know I do, so my family fund always seeks the best opportunities in Ultra Sleep Well At Night or Ultra SWAN blue chips....
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For further details see:
Realty Income: 3 Reasons To Love This 6% Yielding Dividend Aristocrat