10-Year Treasury Yields Are Back Over 5% After the Fed Raised Rates. 3 Reasons Why This S&P 500 Dividend Stock Is a Better Buy for Long-Term Passive Income Investors
This monthly dividend payer has raised its payout 136 times since 1994, and new data center and European deals could fuel further growth.
Overview
Bond yields have surged this year, with the 10-year Treasury pushing past the 5% mark following the latest rate hike from the Federal Reserve. But for investors seeking long-term passive income, Realty Income (NYSE: O), an S&P 500 dividend stock, offers something Treasuries can't match: the potential for growing income over time.
Here are three reasons why it deserves a closer look.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.