Realty Income Corporation
This is a common stock held by investors that are looking for monthly income. Realty Income Corporation has consistently paid out dividends to their shareholders for decades. On top of this they have also increased their dividend over time to keep up with CPI and inflation calculations. You can read the press release on their homepage.
How Does This Affect Me?
So because I own 17.155 shares of $O, I am now getting .234¢ for each share each month. I was previously getting .2335¢ for each share each month. It may not seem like much but these increases add yo over time and wi begin to snowball. I'm planning on holding these shares for a while.
Do you guys hold own? Why or why not?