Realty Income Corporation (NYSE: O), known as "The Monthly Dividend Company," is a Real Estate Investment Trust (REIT) with a unique approach to commercial real estate. Unlike many of its peers, Realty Income focuses exclusively on free-standing properties,

We recently compiled a list of the 8 High Growth Real Estate Stocks That Are Profitable in 2024. In this article, we are going to take a look at where Realty Income Corporation (NYSE:O) stands

Realty Income 's ( O 0.05%) stock closed at a record high of $67 on Aug. 15, 2022. Over the following year, rising interest rates caused the real estate investment trust (REIT) to sink to a three-year low of $43.67 on Oct. 30, 2023.

Shares of Realty Income Corp. O inched 0.46% higher to $61.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.61% to 5,815.

Realty Income Corporation, known as “The Monthly Dividend Company,” has a portfolio of over 6,000 properties. The company acquires and manages retail and commercial real estate under long-term net lease agreements.

As a real estate investment trust (REIT), Realty Income pays out most of its earnings as dividends. It invests in properties that it leases to its thousands of tenants, and it grows its business through acquisitions and buying more properties. The REIT has more than 15,000 properties today and is one of the biggest REITs in the world.