Could This Dividend Stock Help Make You Rich Through Compounding?
This REIT has already made early investors rich.
Overview
Albert Einstein called compound interest the eighth wonder of the world, quipping, "He who understands it, earns it... he who doesn't... pays it." Investing in dividend-paying stocks is one way to capitalize on the wonders of compounding. Investors who reinvest their dividends in a company that grows its payout can earn enriching returns.
Realty Income (NYSE: O) prides itself on paying dependable, growing monthly dividends. Here's a look at whether the real estate investment trust (REIT) can help you compound your investment into future riches.
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Originally published at www.fool.com.
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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.