This 5.6%-Yielding Monthly Dividend Stock Continues to Prove It's a Must-Own Passive Income Investment
Realty Income's high-quality portfolio provides it with steady income to pay its 5.6%-yielding monthly dividend. The REIT currently pays out about 75% of its adjusted FFO in dividends each quarter. It retains the rest to invest in additional income-generating properties. It's on track to produce nearly $850 million in free cash flow after paying dividends this year.Additionally, it's using the power of its proprietary predictive analytics AI tool to proactively sell properties before they become potential p ...