Is Realty Income's Dividend in Trouble?
Dividends are at the front and center of Realty Income's (NYSE: O) business, and not only because it's required to pay out most of its profit since it's a real estate investment trust (REIT). Firstly, the "Income" half of the company's name implies that its shareholders get paid regularly for owning it. Secondly, the retail industry specialist relentlessly advertises its trademarked descriptor: "The Monthly Dividend Company."
But as we've seen over the years, sometimes even the most solid and dependable businesses can crack under strain. The retail sector is facing a monster challenge with the persistent coronavirus pandemic. Perhaps Realty Income's vaunted and seemingly dependable dividend isn't quite as safe as many believe it to be.
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Source Fool.com
