2024-07-30 05:15:00 ET
Over the past five years, Realty Income (NYSE: O) has seen its shares struggle, down over 13% during that stretch. However, after dividends, the stock's total returns would be in positive territory. Nonetheless, the stock's performance still has to be considered disappointing given the approximately 80% gain in the S&P 500 index over the same period.
Investors no doubt remain attracted to Realty Income for the monthly dividend it pays out. Based on its most recent payout, the stock carries a forward dividend yield of about 5.4%.
While the past five years have not been good to the real estate investment trust (REIT) , let's see where the stock could be headed in the next five years.
For further details see:
Where Will Realty Income Stock Be in 5 Years?