Realty Income Raised Its 2026 AFFO Guidance. Here's What That Means for Its 5.2% Dividend.
The company is known as one of the most reliable dividend payers in the stock market.
Overview
Known as The Monthly Dividend Company, Realty Income (NYSE:O) continues to demonstrate why it is a great stock for generating passive income.
The company recently reported solid second-quarter earnings, with total revenue of nearly $1.55 billion coming in ahead of Wall Street consensus estimates.
Details
Earnings were in line with estimates, while Realty Income also raised its full-year adjusted funds from operations (AFFO) guidance.
Source
Originally published at www.fool.com.
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