2024-06-22 07:00:00 ET
Summary
- The cost of living for Americans has steadily risen for decades, which, I believe, makes high-quality dividend growth stocks even more appealing.
- Realty Income's revenue and AFFO per share climbed higher during the first quarter.
- The triple net lease REIT maintained almost $4 billion of liquidity as of March 31, which can easily cover its debt maturities for the foreseeable future.
- Based on my fair value estimate, shares of Realty Income could still be an interesting value.
- The triple net lease REIT could be poised to deliver nearly 40% cumulative total returns by the end of 2026.
A moment in this world is all it takes to know that it is very uncertain. In this world and this life, there are few guarantees.
Some of the more well-known guarantees in life include death and taxes. Regardless of the times, change is another constant....
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Realty Income: A Top Holding For Income And Value Right Now