What Would Have to Go Wrong for Realty Income to Cut Its Dividend?
Here's how this top REIT's 31-year streak of dividend hikes could come to a screeching halt.
Overview
Realty Income (NYSE: O) has declared 673 consecutive monthly dividends without a single cut. The real estate investment trust (REIT) has increased its dividend for 31 consecutive years. We're talking about a period that included the 2008 financial crisis, the 2020 pandemic, and the soaring interest rates during 2022 and 2023.
You could truthfully say that Realty Income offers one of the most dependable monthly dividends on the market today. But what would it take for this REIT to cut its dividend?
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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.