Did This $9 Billion Acquisition Make Realty Income a Risky High-Yield Dividend Stock?
Recently, Motley Fool contributor Jason Hall took a look at whether Realty Income (NYSE: O) is a safe high-yield dividend stock. Barely a day later, the company announced a $9 billion acquisition that affects the thesis. In this follow-up video, Jason takes a closer look at the announced deal to acquire Spirit Realty Capital (NYSE: SRC), whether it's a good deal, and whether Realty Income is still safe.
*Stock prices used were from the afternoon of Oct. 30, 2023. The video was published on Oct. 30, 2023.
Source Fool.com