Realty Income is known as “The Monthly Dividend Company”… it’s a high-quality real estate leader… and it’s a stock with an enviable long-term history of outperformance.
Its proven business model, probability of future success and, of course, its growing dependable dividend helped make it the 45th pick in our growing portfolio.
It’s comforting to know that these “boring” stocks are generating reliable, growing income for living expenses, travel, health care, family fun or whatever one needs or wants.
With a strong balance sheet, sound fundamentals, and a safe dividend, it’s been a worthwhile holding for the IBP since June 2020, and I’m bullish on its future, too.
It’s an industry leader and a high quality stock with four-plus decades of consistent dividend growth — the kind of stock we want in our Income Builder Portfolio.