Why I Think the Best Dividend Stock Isn't a Tech Name: It's Realty Income
Realty Income checks all the boxes as a top dividend stock.
Overview
I think Realty Income (NYSE: O), not a tech stock like Microsoft (NASDAQ: MSFT) or Apple (NASDAQ: AAPL), is the best dividend stock to buy for passive income. While tech companies can deliver growth, Realty Income provides income investors with growth and two things tech stocks don't offer: yield and monthly payments.
If generating passive income is your goal, the real estate investment trust's (REIT) high-yielding (over 5%) and steadily rising monthly dividend stands out as the best option.
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Originally published at www.fool.com.
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