10 Best Dividend Stocks According to Jim Cramer

4. Realty Income Corporation (NYSE:O)

Dividend Yield: 5.57%

Realty Income Corporation (NYSE:O) is one of the 10 best dividend stocks, according to Jim Cramer.  Stifel Nicolaus reiterated a Buy rating on the company, following an announcement on Notes offering valued at €1.3 billion.

Realty Income Corporation (NYSE:O), based in California, is a real estate investment trust (REIT) that acquires and manages freestanding, single-tenant commercial properties. The company’s focus is on those properties leased to retail clients under long-term net lease agreements. Known for paying monthly dividends, the company aims to offer a steadily growing monthly income stream.

On June 11, 2025, the company announced an agreement to issue €1.3 billion in notes. As per the agreement, Realty Income Corporation (NYSE:O) will offer €650 million of 3.375% senior unsecured notes due June 20, 203, and €650 million of 3.875% senior unsecured notes due June 20, 2035. The company intends to use the net proceeds from these Notes offerings for general corporate purposes, including the repayment or repurchase of the company’s debts.

Following the announcement, Stifel Nicolaus reiterated a Buy rating on the stock, pointing out that the Notes will reduce the dilution from the repayment.

The dividend yield of 5.57%, supported by a consecutive growth of 25 years, makes the stock attractive to investors seeking consistent income. Currently, the company’s payout ratio stands at 283.37%.