Realty Income: You Can Get A 5% Yield Again
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Realty Income Corporation reported strong AFFO growth and stable dividend payout metrics in 3Q24, making it attractive for passive income investors. The REIT's portfolio is well-leased, with occupancy over 98%, and AFFO grew 27% YoY due to strategic acquisitions. The dividend yield is over 5%, with a stable payout ratio.
November 07, 2024 | 7:00 pm
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POSITIVE IMPACT
Realty Income Corporation's strong AFFO growth and stable dividend payout metrics in 3Q24 make it a compelling buy for passive income investors. The REIT's portfolio is well-leased, with occupancy over 98%, and AFFO grew 27% YoY due to strategic acquisitions. The dividend yield is over 5%, with a stable payout ratio.
The article highlights Realty Income's strong financial performance, including a 27% YoY AFFO growth and a stable dividend payout, which are positive indicators for investors. The high occupancy rate and strategic acquisitions further strengthen its position, making it attractive for those seeking stable income.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100