Realty Income Corporation's (O) Dividend History Makes It a Solid Income Stock

Realty Income Corporation (NYSE:O) is included among the 11 Best Income Stocks to Buy According to Hedge Funds.

Realty Income Corporation (NYSE:O) is an American real estate investment trust company. The company’s broad and varied portfolio produces steady and increasing cash flow, which supports both dividend payments and the growth of its global real estate holdings.

Realty Income Corporation (NYSE:O) has also moved into credit investments, such as real estate loans and preferred equity, and is introducing a private capital fund management platform. These new initiatives are creating additional investment opportunities. Backed by one of the strongest financial foundations in the REIT industry, the company is well-positioned to keep growing its portfolio while also boosting earnings and dividends.

Realty Income Corporation (NYSE:O) is committed to providing shareholders with reliable monthly dividends that increase over time, a goal it has consistently met. Since going public in 1994, the company has paid 661 consecutive monthly dividends and raised its payout 131 times. It has increased its dividend every quarter for 131 straight quarters and maintained annual dividend growth for 30 consecutive years. It currently pays a monthly dividend of $0.269 per share and has a dividend yield of 5.75%, as of July 31.

While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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