|Bid||58.21 x 800|
|Ask||58.50 x 800|
|Day's Range||57.09 - 59.02|
|52 Week Range||38.00 - 84.92|
|Beta (5Y Monthly)||0.63|
|PE Ratio (TTM)||40.08|
|Forward Dividend & Yield||2.81 (4.86%)|
|Ex-Dividend Date||Oct 30, 2020|
|1y Target Est||N/A|
In the latest trading session, Realty Income Corp. (O) closed at $59.83, marking a -1.51% move from the previous day.
Investors looking for a reliable dividend payer, even when times get tough, should consider Realty Income. But know what you're getting.
According to the Census Bureau, retail sales, which measure spending at stores, restaurants, and online, rose 1.9% in September from the previous month (and 5.4% above last year), marking the fifth straight monthly increase. With retail sales continuing to rise, more retailers have the cash to pay rent on their physical stores -- great news for retail real estate investment trusts (REITs). Two benefiting from owning the right retail locations for the current environment are Agree Realty (NYSE: ADC) and Realty Income (NYSE: O).