California REIT Realty Income Maintains 55-Year Dividend Streak Amid Market Volatility
Realty Income (O 1.10%) demonstrates rare resilience in turbulent markets, declaring its 664th consecutive monthly dividend since 1969. The California-based REIT's 98.5% portfolio occupancy fuels 132 dividend increases over five decades, offering investors both growth and income.
With 15,600 properties spanning 91 industries across the U.S. and Europe, Realty Income's diversified tenant base generates reliable cash flows. Ben Franklin's adage about death and taxes might need updating - this REIT's payout consistency rivals both.