2024-05-13 09:00:00 ET
Summary
- Realty Income provides a reliable stream of income for long-term investors as a result of their strong fundamentals and successful track record.
- The company plans to focus on its core portfolio in the future and prioritize meaningful rent escalators for higher rental revenue growth, which should lead to further share price appreciation.
- Realty Income is guiding for 4% AFFO growth in 2024 and has a secure dividend yield of more than 5%, giving investors near double-digit growth.
- The company's size advantage allows for them to make favorable investments outside of the U.S. in comparison to smaller peer Agree Realty.
Introduction
Am I the only person that buys stocks and instantly gives them a job within their portfolio? When buying any company, that's my main focus. Every holding serves a purpose. I try to keep a well-balanced portfolio, with each company offering a different level of growth to fit income needs. But they all have two common denominators, and that's reliability and stability....
Read the full article on Seeking Alpha
For further details see:
Realty Income Q1: Not A Bargain, But Still One Of The Best REITs For Income Reliability (Rating Downgrade)