Here's How Many Shares of Realty Income Stock You Should Own to Get $500 in Yearly Dividends
Realty Income (NYSE: O) has evolved into a massive cash generator for its long-term investors. Known as the "monthly dividend company," it has paid a monthly dividend and increased its payout at least once per year since it initiated such payments in 1994.Despite its gains, Realty Income's valuation and dividend yield appear well-positioned to benefit new investors. It may surprise investors how little of the stock they need to buy to generate $500 in annual dividend income.Image source: Getty Images.Continue reading
Realty Income (NYSE: O) has evolved into a massive cash generator for its long-term investors. Known as the "monthly dividend company," it has paid a monthly dividend and increased its payout at least once per year since it initiated such payments in 1994.
Despite its gains, Realty Income's valuation and dividend yield appear well-positioned to benefit new investors. It may surprise investors how little of the stock they need to buy to generate $500 in annual dividend income.
Image source: Getty Images.
