Monthly Dividend Stocks: Realty Income Corporation (NYSE:O)

With more than 20 years of consecutive annual dividend hikes and asset appreciation of nearly seven-fold since 2000, the Realty Income Corporation (NYSE:O) has been one of the most reliable monthly dividend stocks over the past two decades. The company’s current streak of consecutive annual dividend hikes stretches back 23 years. However, the Realty Income Corporation has not missed a single monthly dividend payout in the past five decades.

Between late-2016 and early-2018, the Realty Income Corporation experienced its largest share price decline since operating as a publicly-traded business entity. However, after losing nearly one third of its value, the share price reversed course and has been again rising steadily since February 2018. Since embarking on this current uptrend, the share price has recovered all losses from the 2016 to 2018 decline and has reached new all-time highs by late-March 2019.

Source: Dividend Investor

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