Realty Income Corp., also known as “The Monthly Dividend Company,” has been a reliable source of consistent dividend income for investors over the years. As a real estate investment trust (REIT) and a member of the Dividend Aristocrats, Realty Income has a track record of paying monthly dividends and increasing them over time. If you had invested $10,000 in Realty Income stock ten years ago, you would have been able to purchase approximately 237.81 shares at that time.
If you had reinvested all your dividends over the past 10 years, your total return would be an impressive 100.87%. Your initial 237.81 shares would have grown to 373.98 shares, resulting in a monthly dividend income of $96.11 with the current dividend per share. However, if you chose not to reinvest your dividends and collected them as cash instead, your monthly dividend income would be $63.07. This highlights the significant impact of dividend reinvestment on total return and dividend income over time.
While Realty Income is a solid choice for consistent monthly dividend income, it’s essential to consider diversifying your income streams to potentially reduce exposure to market fluctuations. Platforms like Arrived allow individuals to invest in shares of rental properties for as little as $100, offering the potential for monthly rental income and long-term appreciation without the responsibilities of being a landlord. Arrived has paid out over $1 million in dividends last quarter and offers a growing selection of properties across various markets.
In conclusion, if you had invested $10,000 in Realty Income 10 years ago and reinvested your dividends, you would be earning an impressive $96.11 in monthly dividend income today. This showcases the potential of dividend investing and the significance of considering monthly dividend stocks like Realty Income for your portfolio. However, it’s advisable for savvy investors to explore multiple avenues for generating passive income, such as platforms like Arrived, which provide a unique opportunity to invest in real estate and potentially earn monthly rental income without the volatility of the stock market.
