2024-05-11 07:00:00 ET
Summary
- Realty Income Corporation is a low-risk asset that offers growth and elevated income.
- The company has a well-covered 5.7% yield, an A-rated balance sheet, and a tenant base of essential retailers.
- While growth may be slow, Realty Income benefits from its size, favorable borrowing conditions, and value-adding growth opportunities.
This article was co-produced with Leo Nelissen.
It’s time to talk about Realty Income Corporation ( O ).
We know what you’re probably thinking right now.
Something like “ again? ”
We indeed discuss Realty Income a lot. In fact, it’s Brad’s biggest position.
That said, we don’t discuss Realty Income because we’re running out of ideas, but because of one very specific reason: the company brings tremendous value to the table for investors who rely on income and investors looking to build a dividend portfolio with subdued risks.
The company carries the tag “ The Monthly Dividend Company® ” for a reason, as it is focused on investors looking for a low-risk asset that comes with both growth and elevated income.
Sure, growth may not be elevated, as we will discuss in this article. But that’s OK. After all, none of us have ever made the case that Realty Income is where investors go for growth....
Read the full article on Seeking Alpha
For further details see:
Realty Income Is Much Better Than Its Stock Price Suggests