Realty Income (NYSE: O) turned in another solid quarter when it reported its second-quarter results. While the stock has struggled over the past five years, the real estate investment trust (REIT) has continued to produce consistent results while paying an attractive dividend.

Let's take a look at its most recent quarterly report, the safety of its dividend, and whether the stock can finally start to move higher.

Realty Income saw its second-quarter revenue jump 31% to $1.34 billion, helped by its acquisition of Spirit Realty in January and new property investments. Same-store rental revenue grew 0.2% in the quarter, while its occupancy rate was 98.8%.

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Source Fool.com