It's not just a real estate industry giant -- it's also a reliable income stock with a dividend that's distributed monthly.Realty Income (O -1.21%) has trademarked the nickname "The Monthly Dividend Company." That was kind of a gutsy move, but it says a lot about what this real estate investment trust (REIT) is focused on. The big picture is that Realty Income is a great choice for long-term income investors who are trying to set themselves up with reliable streams of dividends. Here's a deeper dive into th ...

核心观点 - 房地产收入信托公司股价较疫情前高点仍下跌约25% 但为长期收益投资者提供机会 [2] - 公司作为净租赁REIT行业巨头 拥有超过15600处物业 业务覆盖零售、工业及特殊资产 具备规模优势和分散风险能力 [3][4] - 尽管面临利率上升的融资环境压力 但公司仍保持97.9%以上的高出租率 且拥有投资级资产负债表和持续30年增长的股息记录 [5][7][8] 业务模式 - 采用净租赁模式 租户承担大部分物业运营费用 显著降低业主运营成本 [3] - 资产组合中零售物业占比约75% 同时布局工业资产及葡萄园、赌场等特殊类别资产 [4] - 业务地域覆盖北美和欧洲市场 实现跨区域经营分散风险 [4] 财务表现 - 疫情期间出租率始终保持在97.9%以上 且后期持续改善 显示资产质量韧性 [5] - 当前股息收益率达5.6% 且连续30年实现年度股息增长 [8][9] - 受利率环境影响 近期股息增长可能放缓 但长期仍具备增长潜力 [9] 市场环境 - 美联储加息导致REIT行业融资成本上升 影响并购扩张能力 [6] - 公司凭借行业龙头地位和投资级信用评级 仍较同业更具资本获取优势 [7] - 历史表明公司能适应不同利率环境 当前利率水平并未超出历史异常范围 [8]