This 5%-Yielding Dividend Stock Just Made Investors Even More Money. Here's How.
Realty Income (NYSE: O) has been a money-making investment over the years. The real estate investment trust (REIT) has paid dividends like clockwork. It recently paid its 650th consecutive monthly dividend.
The REIT routinely raises its dividend payment. It most recently delivered its 126th dividend increase since coming public in 1994, pushing its dividend yield further above 5%. That was its fourth dividend increase already this year. It has now given investors a raise in 107 straight quarters and 30 consecutive years, growing its payout at a 4.3% annual rate during that timeframe, including by more than 3% over the past year.
Here's how it's able to continue paying its investors even more money.
Source Fool.com
