Realty Income extends its dividend growth streak to 115 quarters, offering a 5.2% yield amid inflation and rising rates.
Realty Income (O) has increased its dividend for the 115th consecutive quarter, maintaining a 5.2% yield. The REIT’s triple-net lease structure shifts property expenses to tenants, insulating it from inflation and rising costs.
The company’s portfolio includes over 15,588 properties, with 78% in retail, heavily weighted toward recession-resistant sectors like supermarkets (20.5%) and convenience stores. This diversification supports steady cash flow despite economic volatility.
Realty Income’s monthly dividend payments and 31-year growth streak make it a favored choice for income-focused investors. The REIT’s model mitigates risks tied to interest rates and inflation, unlike many peers.