Realty Income (NYSE: O) knows exactly the type of investor that buys its shares. It's why the real estate investment trust (REIT) trademarked the nickname "The Monthly Dividend Company." But investors need to understand the trade-offs they are making when they buy this well-respected Dividend stock. Here's a quick look at the pros and cons of Realty Income.
Realty Income has increased its dividend annually for 29 consecutive years. Within that streak is another one: The REIT has also increased its quarterly dividend for more than 100 consecutive quarters. Add these facts to the monthly dividend frequency, and buying Realty Income is very close to replacing a paycheck -- with regular raises! Retired investors looking to supplement Social Security with dividend stocks will probably find that very appealing.
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Source Fool.com