Realty Income
O (NYSE)
Realty Income (O) stands out as a solid choice for investors seeking sustainable high dividends. With a dividend yield of 5.72% and a 12-month price target averaging $60.00, this REIT is recognized for its reliable income and potential for long-term growth, making it a strong foundation for any investment portfolio. While analysts give it a consensus rating of Hold, a notable 17% suggest a Strong Buy, indicating mixed but generally positive sentiment about its future performance.
Pros:
- Sustainable high dividends
- Strong track record of dividend payments
Cons:
- Market volatility risk
- Dependence on real estate market
Realty Income (O) may be suitable for income-focused investors looking for a steady dividend stream, given its attractive yield of 5.72% and consistent historical performance. However, potential investors should consider the mixed analyst sentiments and assess their own risk tolerance and investment objectives before adding this REIT to their portfolio.
