IncomeNOW O
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  • Writer's pictureJerremy Alexander Newsome

IncomeNOW O

REALTY INCOME The Monthly Dividend Company

Realty Income, which pays dividends monthly, is an S&P 500 company dedicated to providing investors with dependable monthly income supported by cash generated from a large portfolio of rental income properties. It is organized as a real estate income trust (REIT) company and has been in business since 1969. The nyse symbol is"O".

Specific information notes are as follows:

1) owns over 4700 free-standing commercial properties

2) operates in 49 states and Puerto Rico

3) member of S&P Dividend Aristocrats index

4) leases to 247 companies in 47 industries

5) 76 consecutive quarterly increases in the dividend amount

6) 52-week stock price high/low range is $72.30/45.98

7) current dividend amount per share is $.2025

8) yield slightly over 4% (at today price about $60)

9) consecutive monthly dividends paid for 558 months

10) total capitalization of about $23 billion

11) total debt of about $5.28 billion

12) dividend re-investment plan available

13) options trade on O common stock

Writer comments are as follows:

1) This stock may be suitable for an investor who wants to receive monthly income

2) Oprf, the preferred stock, trades at about par value ($25), pays $.138 monthly to yield about 6.5%, and can be called in at par value by Realty Income at any time

3) An investor can a) receive an annual yield over 5% and a somewhat safe investment situation by purchasing equal dollar amounts of O and Oprf and b) participate in price appreciation of O if that occurs.

Information presented here is believed to be accurate, but is not, and cannot be guaranteed because the information is taken from commonly available sources such as O website, Yahoo.finance, and/or stockbroker website. Please know that this writer has invested in Oprf and has no plans to sell or purchase more of this stock. This presentation is intended for reader interest/entertainment only and does not encourage or discourage investment in O or Oprf. EACH READER MUST CONDUCT THEIR OWN RESEARCH BEFORE MAKING ANY INVESTMENT

Happy$$$Trading Ed Reed

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