3 Reasons to Buy Realty Income Stock Like There's No Tomorrow

The real estate investment trust (REIT) Realty Income (NYSE: O) may not beat the broader market in terms of stock price appreciation, but that doesn't mean it's not a great stock to own. The company is known for its ability to generate passive income for shareholders through a hearty dividend.REITs by their very nature receive special tax status, as long as they pay out at least 90% of their taxable income to shareholders, along with other requirements. Here are three reasons to buy Realty Income like there's no tomorrow.Although REITs have to pay out most of their earnings through dividends, some REITs pay higher dividends than others. Realty Income's dividend yield is roughly 5.75%, which compares favorably to the broader sector. According to data compiled by S&P Global this year, the average one-year dividend yield of publicly traded U.S. equity REITs was 3.91%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool