Is This Monthly Dividend Payer a Buy?
One hallmark of a great company is that it can grow its profits regardless of the operating environment, as well as consistently increase its dividend, if it pays one. Realty Income (NYSE: O) checks off both boxes easily. The real estate investment trust (REIT) has raised its dividend for 26 consecutive years, and it's the only monthly payer among the Dividend Aristocrats (a group of companies that, like Realty Income, have increased their dividend at least 25 straight years and are included in the S&P 500 index).
Realty Income's track record is impressive enough, and we'll get to that soon. But I think that the company can easily keep paying investors rising dividends thanks to its massive size and scale, as well as a large pipeline of high-quality acquisition candidates. These factors set Realty Income apart, and they make it a great buy.
Source Fool.com
