Search results
Results from the WOW.Com Content Network
Realty Income reports that since 1994 reinvesting its dividend payments in more shares of the stock has resulted in a compound annualized return of 13.5%. That's a better than many popular growth ...
Realty Income's stock has already rallied more than 20% over the past 12 months in anticipation of more rate cuts. But at $60, it still looks cheap at 15 times last year's AFFO per share.
Realty Income owns over 15,400 properties, so individual property risk is also fairly low. Agree owns around 2,250 properties, which is a large portfolio -- just not quite as large as Realty Income's.
Realty Income Corporation was founded in 1969 by William E. Clark and Evelyn J. Clark. [4] Its first acquisition was a Taco Bell restaurant in early 1970. [4]The company used cash to purchase land needed for stores that required real estate to run, and then leased the property to the stores long term.
Realty Income's stock is trading near its 52-week high. Is it still worth buying the net lease real estate investment trust?
Here is the playbook: Dollar-cost average into Realty Income, hold the stock, and reinvest the dividends. But this doesn't work unless Realty Income continues growing.
One of the dark clouds hampering Realty Income stock may have become less of a factor with the Fed rate cut. Over the last year, the stock is up 25%, with most of that increase occurring since July.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!