|Bid||69.19 x 800|
|Ask||69.21 x 800|
|Day's Range||68.43 - 69.36|
|52 Week Range||62.74 - 75.40|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||70.29|
|Earnings Date||Aug 01, 2022 - Aug 05, 2022|
|Forward Dividend & Yield||2.96 (4.35%)|
|Ex-Dividend Date||May 31, 2022|
|1y Target Est||75.88|
This REIT has proven that it has the scale to dominate the net lease space, and no other REIT even comes close.
A combination of rising interest rates and fears of a recession has made investors skeptical of many growth stories. In this environment, real estate investment trusts (REITs) often hold up better than the erstwhile highfliers, given their steady dividend income. Realty Income (NYSE: O) is a classic dividend stock that works in almost every economic environment.
When you're trying to start investing in stocks, it can be difficult to know where to begin building your portfolio. There are thousands of public companies out there that do so many different things. Realty Income (NYSE: O) is a real estate investment trust (REIT) that owns free-standing commercial buildings, which it primarily leases to companies in the retail and industrial sectors.