Here's Why Realty Income Can Keep Paying You for Years
Realty Income (NYSE: O) has quickly made a name for itself as one of the most reliable-paying dividend stocks. Since its IPO in 1994, the company has raised its dividend payouts 118 times, which equates to one or more increases per quarter during that 28-year period.
But even a track record as strong as Realty Income's doesn't guarantee the company can keep paying. Since the start of the global pandemic, investors have become increasingly concerned about the future of the real estate investment trust (REIT). In response, the stock has fallen 3% since last year and is down 11% over the last three years.
Despite investors' worries, here's why Realty Income is more than capable of paying you for years to come.
Source Fool.com
