10 Best and Safe Dividend Stocks to Buy Now

7. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 32

Realty Income Corporation (NYSE:O) is among the best safe dividend stocks to invest in, as the company offers monthly dividends to shareholders. The company owns a vast portfolio of over 15,600 properties. While it primarily focuses on net lease retail assets, it also includes industrial properties and has operations spread across North America and Europe, making it a well-diversified business.

Realty Income Corporation (NYSE:O)’s large scale allows it to access capital markets with ease. In addition, its investment-grade credit rating helps it secure favorable borrowing terms. This results in a competitive cost of capital, giving Realty Income an advantage over many of its peers.

On July 8, Realty Income Corporation (NYSE:O) announced a monthly dividend of $0.269 per share, consistent with its prior payout. Since it was founded about 30 years ago, it has increased its dividend 131 times. In addition, shareholders have received monthly dividends for 661 straight months. The stock supports a dividend yield of 5.58%, as of July 27.