How Much Would You Need in Realty Income (O) Stock to Collect $500 a Month in Dividends?
You'd need a lot of shares, but you don't have to buy that many. The 5.3% dividend yield will reward you regardless.
Overview
Anyone seeking dividend income should check out Realty Income (NYSE: O).
It's a real estate investment trust (REIT) -- a company that owns lots of real estate properties, leasing them out to tenants. Since REITs are required to pay out at least 90% of their taxable earnings as dividends, they tend to sport meaningful dividend payouts, and their yields tend to be higher than the average stock.
Details
Realty Income's dividend yield these days is hovering around 5.3%.
Source
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.