2024-07-01 21:28:36 ET
Summary
- O pays a well-covered monthly dividend of $0.26/share, currently yielding 5.9%.
- Its portfolio is well-diversified both geographically and based on the property-type, with a resilient tenant base and 98.6% occupancy.
- The yield, forecast AFFO growth, and the possibility of lower interest rates have created an interesting opportunity for income/value investors.
Realty Income Corporation ( O ), incorporated in 1969 and headquartered in San Diego, CA, owns and net-leases properties mainly to retailers....
Read the full article on Seeking Alpha
For further details see:
Realty Income: Potential Double-Digit Returns And Long-Term Dividend Growth