History Says This Is the Amount of Yearly Dividend Income a $7,500 Investment in Realty Income Stock Could Generate by 2030
This monthly dividend REIT offers steady income, but don't expect significant growth over the next four years.
Overview
A key reason investors own Realty Income (NYSE: O) is for its famed monthly dividend, which makes owning this real estate investment trust (REIT) seem similar to owning properties outright.
Right now, Realty Income has a forward dividend yield of 5.5%. However, given that Realty Income has raised its dividend each year since going public in 1994, it is reasonable to expect payouts to continue increasing between now and 2030.
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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.