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Like Realty Income? Then You'll Love This Dividend Stock


Realty Income (NYSE: O) has become a poster child for reliable dividend-paying stocks. With more than 117 dividend increases and 631 consecutive monthly dividend payments, its track record is hard to beat.

While I love having this real estate investment trust (REIT) in my portfolio, I'm constantly on the hunt for other stocks that mimic its income-generating abilities. This is why I was happy when I found out about Agree Realty (NYSE: ADC).

Agree Realty is a net lease real estate investment trust REIT not unlike Realty Income, and it too has a strong history of dividend growth. If you like Realty Income, here's why you may like Agree Realty as well.

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Source Fool.com

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