5 Best Buy and Hold Forever Dividend Stocks

2. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 30

Dividend Yield: 4.5%

Realty Income Corporation (NYSE:O) is a real estate investment trust that provides its stockholders with a highly dependable monthly income, making it one of the best buy and hold forever dividend stocks. The company’s dividends are dependent upon cash flow from over 6,500 real estate properties owned by it, and have been raised for 25 years in a row.

Realty Income Corporation (NYSE:O) was upgraded from Peer Perform to Outperform just this March by Wolfe Research analysts.

The same month, Realty Income Corporation (NYSE:O) announced a dividend increase, bringing its current dividend up to $0.24 per share. The company has a record of sustainable dividend growth, which makes it an attractive dividend stock pick for the future as well.

Our fourth quarter hedge fund data shows 30 hedge funds long Realty Income Corporation (NYSE:O) in that quarter, with a total stake value of $398 million.