This 5.5%-Yielding Dividend Stock Has Partnered With 3 Different Investment Giants This Year. Should Income Investors Be Worried or Excited?
Realty Income continues to secure new partnerships.
Overview
Realty Income (NYSE:O) aims to be the real estate partner to the world's leading companies. It has really leaned into forming new capital partnerships with leading institutional investors over the past year. It just formed a new joint venture (JV) with KKR, adding to prior strategic partnership deals with Apollo and GIC.
These partnerships might have income investors wondering if they're a sign of financial strength or weakness. Here's how they align with Realty Income's strategic plan to continue growing its high-yielding monthly dividend (currently 5.5%).
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Details
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.