10 High Growth Dividend Paying Stocks To Invest In

2. Realty Income Corporation (NYSE:O)

5-Year Revenue Growth: 28.82%

Realty Income Corporation (NYSE:O) is a California-based real estate investment trust company that invests in single-tenant commercial properties across the US. The company owns a portfolio of 15,600 properties, with nearly 80% of them leased to well-known retailers like Dollar Tree, 7-Eleven, and Walgreens. Additionally, grocery and convenience stores make up 20% of the company’s holdings. This expanding portfolio plays a significant role in supporting its dividend policy.

For the fourth quarter of 2024, Realty Income Corporation (NYSE:O) reported strong performance, with revenues rising 24.4% year-over-year to $1.34 billion. Its Adjusted Funds From Operations (AFFO) per share increased by 4% to $1.05, marking the 14th consecutive year of AFFO growth. In the past five years, the company managed to grow its revenue by nearly 30%, which makes it one of the best high growth stocks that pay dividends.

Realty Income Corporation (NYSE:O) is known for its reliable monthly dividends, currently offering $0.2685 per share, a 0.2% increase from March. This marks the company’s 130th dividend increase since its IPO in 1994. As of April 8, the stock has an attractive dividend yield of 6.08%.