Realty Income Dividend Safety: A 4.6% Yield From a Perpetual Dividend Raiser

By Marc Lichtenfeld Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Realty Income’s dividend safety.
Realty Income (NYSE: O) is a favorite among dividend and real estate investment trust (REIT) investors because the company pays monthly dividends and is a Perpetual Dividend Raiser (a company that raises its dividend every year).
In fact, Realty Income has boosted its dividend every quarter for 92 straight quarters. For those of you who don’t feel like doing the math, that’s 23 years – and a hell of a track record.
Its most current dividend is $0.234 per share, which comes out to a 4.6% yield. But …read more