This Magnificent Dividend Stock Is Accelerating Its Growth by Adding $1 Billion to Its Acquisition Target
Realty Income is increasingly optimistic about its 2024 growth outlook.Realty Income (O -1.73%) is a terrific dividend stock. The real estate investment trust (REIT) has increased its dividend for 107 consecutive quarters. Its monthly payout currently yields nearly 6%, which is several times above the S&P 500's 1.3% dividend yield. The REIT's magnificent dividend should continue its steady rise. One factor driving that view is its growing optimism for securing new investments this year. The REIT recently ad ...