2024-06-17 06:52:02 ET
Summary
- Realty Income's stock price has dropped significantly in the past 5 years, while its AFFO per share has grown by 28.5%.
- The company has a high starting yield of 6% and a track record of increasing dividends every quarter for the last 30 years.
- Despite concerns about interest rates and share dilution, O stock is currently undervalued based on historical ratios and future dividend growth potential.
Intro
You can tell a lot about an investor by whether or not they try to predict a company's stock price movements, versus the company's cash flows. And in the investing universe, investor sentiment is often driven by how the share price of a stock has recently moved. So in the case of Realty Income Corporation (O), the sentiment is currently pretty negative. Year to date, the stock is down 8.20%, down 13.55% over the past year, and down 24.16% in the past 5 years alone, meanwhile the S&P 500 is up 85% during that same 5 year time frame....
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For further details see:
Realty Income: Valuation Is Once In A Lifetime