Realty Income
Realty Income is a real estate investment trust (REIT) that focuses on generating income through the ownership of commercial properties. It primarily invests in single-tenant retail and commercial buildings, leasing them to various businesses under long-term agreements. This strategy allows the company to provide consistent monthly dividends to its shareholders.
Founded in 1969, Realty Income is known for its commitment to paying dividends, often referred to as "The Monthly Dividend Company." The company aims to create a reliable income stream for investors by acquiring properties that have stable cash flows and long-term leases, making it a popular choice for income-focused investors.