This Stock Pays a Monthly Dividend and Is Up 4x More Than the S&P 500. Is It a Buy?
What if I told you there was a stock that has quadrupled the S&P 500's returns since it hit the market? You may think it's one of the "Magnificent Seven" stocks or another high-flying growth stock.Now, what if I told you this stock also pays a monthly dividend? If this detail made it a little bit harder to guess, you're not alone. Although Realty Income (NYSE: O) is in the S&P 500, it tends to float below the radar because it's not as "sexy" as many growth stocks that get the media attention.However, Realty Income has been on a strong run since hitting the market in 1994, with total returns nearing 8,700%. This is roughly four times the S&P 500's returns over that span. Given its past success, is Realty Income a good investment going forward? I believe so.Continue reading
What if I told you there was a stock that has quadrupled the S&P 500's returns since it hit the market? You may think it's one of the "Magnificent Seven" stocks or another high-flying growth stock.
Now, what if I told you this stock also pays a monthly dividend? If this detail made it a little bit harder to guess, you're not alone. Although Realty Income (NYSE: O) is in the S&P 500, it tends to float below the radar because it's not as "sexy" as many growth stocks that get the media attention.
However, Realty Income has been on a strong run since hitting the market in 1994, with total returns nearing 8,700%. This is roughly four times the S&P 500's returns over that span. Given its past success, is Realty Income a good investment going forward? I believe so.
