US7561091049 - REIT
REALTY INCOME CORP
NYSE:O (1/14/2025, 10:29:08 AM)
52.7313
+0.26 (+0.5%)
Realty Income Corp. is a real estate company, which engages in generating dependable monthly cash dividends from a consistent and predictable level of cash flow from operations. The company is headquartered in San Diego, California and currently employs 418 full-time employees. The firm is engaged in acquiring and managing freestanding commercial properties that generate rental revenue under long-term net lease agreements with its commercial clients. The company is engaged in a single business activity, which is the leasing of property to clients, generally on a net basis. That business activity spans various geographic boundaries and includes property types and clients engaged in various industries. The firm owns approximately 15,450 properties across 86 different industries leased to over 1,300 different clients throughout all 50 states, as well as Puerto Rico, the United Kingdom, Spain, Italy, Ireland, France, Germany and Portugal. Its property types include retail, industrial, gaming and others, such as agriculture and office. Its primary industry concentrations include grocery stores, convenience stores, dollar stores, drug stores, home improvement, restaurants-quick service and others.
REALTY INCOME CORP
11995 El Camino Real
San Diego CALIFORNIA 92130
P: 17607412111
CEO: Sumit Roy
Employees: 418
Website: https://www.realtyincome.com/
These high-octane monthly dividend payers -- sporting an average yield of 10.9% -- have the necessary catalysts to fatten investors' pocketbooks in the new year.
Dividends, particularly if you reinvest them, can help you build wealth slowly (and easily) over time. This is why investors would be wise to take a closer look at high-yield stocks like Realty Income (NYSE: O) and Vici Properties (NYSE: VICI) right now. Both have characteristics that make them easy wealth builders.
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