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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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.
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