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This 7.7 Percent Dividend Stock Pays Cash Every Single Month

The article from MSN Money discusses Realty Income Corporation (NYSE: O), a real estate investment trust (REIT) known for its monthly dividend payouts. Realty Income boasts a high dividend yield of 7.7%, which is attractive for income-focused investors. The company owns over 13,000 properties, primarily in the retail sector, with tenants like Walgreens and 7-Eleven, ensuring stable rental income. It has a track record of increasing its dividend for 104 consecutive quarters, showcasing its reliability. Realty Income's business model involves leasing properties under long-term net lease agreements, which means tenants are responsible for most property expenses, reducing the company's operational costs. Despite economic fluctuations, Realty Income has maintained a strong occupancy rate and has diversified its portfolio to include industrial properties, enhancing its resilience and growth potential. The article highlights why Realty Income could be an appealing investment for those seeking consistent monthly income.

Read the Full MSN Article at [ https://www.msn.com/en-ca/money/savingandinvesting/this-7-7-percent-dividend-stock-pays-cash-every-single-month/ar-AA1uIMkL ]