Why Realty Income Corp Stock Is A Dividend Aristocrat
Dividend-paying stocks that fill your pockets
Published in
4 min readDec 13, 2023
How many of us love dividend-paying stocks?
I know I do. Recurring income that comes in monthly, what is there not to love?
What is a dividend aristocrat?
- It's a company that pays dividends.
- It has raised its dividend consecutively for the past 25 years.
Realty Income Corp (NYSE: O) is a dividend aristocrat. It has basically trademarked itself as a monthly dividend company.
What is the business model for Realty Income Corp?
It is a REIT.
REIT is structured to pay off its return to its investors. In simple terms, by law and IRS regulation, REITs must pay out 90% or more of their taxable profits to shareholders in the form of dividends.
It deals with real investment properties in its portfolio.