Here's Why You Can Count on This High-Yield Dividend Stock
The past two years have been difficult for the big dividend stocks, especially those in the real estate investment trust (REIT) business. The COVID-19 pandemic forced many businesses to close at least temporarily, and stores that are not open are less likely to pay rent.
No REITs escaped the pandemic unscathed, though one stock fared much better than its competitors: Realty Income (NYSE: O). This is due to Realty Income's focus on long-term leases with highly creditworthy tenants. This business model is a big part of why you can count on this dividend stock to produce month in and month out.
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Source Fool.com
