Want a Lifetime of Passive Income? Buy Realty Income Stock in July and Never Sell.

Yahoo Finance ·

Finding good dividend stocks isn't too tall a task. Finding dividend stocks you can feel good about buying and holding forever, however, is a different story. The world is constantly changing. Companies that are firing on all cylinders today may be irrelevant tomorrow. But there are some businesses that are just built to last, and to pay a reliable dividend as long as they do. Realty Income ( O 0.12% ) is one of those businesses. It's not exactly a household name, although it's likely that you or someone in your household regularly steps into one of its properties. Realty Income is a real estate investment trust (REIT), and as such, it owns a portfolio of commercial real estate that it rents to other companies. Realty Income's specialty is brick-and-mortar retailing. At first blush, this seems risky. The so-called retail apocalypse is still underway, after all. Realty Income is largely defying it, though. With top-20 tenants like Dollar General , FedEx , Home Depot , and Walmart , this REIT is reliably able to maintain occupancy rates in excess of 98%. Even during pandemic-riddled 2020, its full-year occupancy only slipped to 97.9%.

DYAX Investor Sentiment

Bullish (Long) 38% · Bearish (Short) 62%

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