Dividend Growth Newsletter Portfolio Holding Realty Income Keeps Chugging Along
publication date: Nov 7, 2019
Image Shown: Shares of Realty Income Corporation have performed quite well over the past year, keeping recent headwinds in mind.
Dividend Growth Newsletter portfolio holding Realty Income Corp posted a modest increase in its adjusted funds from operations (‘AFFO’) on a per share during its third quarter 2019 earnings report published November 4. Billing itself as “The Monthly Dividend Company” with a ~3.5% yield as of this writing, this REIT has paid out over 590 consecutive monthly dividends during its 50-year long operating history and has increased its per share payout over 100 times since going public in 1994. We caution that shares of O will continue to experience volatility as expectations of future interest rates are currently in flux.
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