Realty Income was initially published as one of our 7investing Community's New Ideas in November 2024

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Background

The following comes directly from our initial Community recommendation. 7investing's opinions may differ from the person(s) who submitted this community research.

Realty Income is a REIT focused on leasing properties to a wide range of retail and industry businesses.

The company offers a generous dividend that has been raised consistently for 30 years, currently sitting at 5.1%. The company leases properties on a long term basis to strong business with reliable cash flow allowing for consistent revenue. With over 15000 properties owned across the United States and Europe along with businesses in 90 different industries the company is well diversified.

They maintained a high occupancy rate through the credit crunch of 2023 and 2024 and are well positioned to acquire additional properties with a strong balance sheet at its back.