If You Bought 1,000 Shares of This Magnificent Dividend Stock a Decade Ago, Here's How Much Monthly Income You'd Collect
Realty Income (NYSE: O) has done a magnificent job paying dividends over the years. The real estate investment trust (REIT) really goes the extra mile.
Whereas most companies are on a quarterly payment cadence, Realty Income pays its dividends monthly. Further, while many companies strive to give their investors a raise once a year, the REIT has increased its payout for the last 105 straight quarters. Last year, it raised its dividend five times and has increased it 123 times since its public market listing in 1994.
Here's a look at how the REIT's growing dividend has benefited its investors over the years.
Source Fool.com
