5 Best Dividend Stocks According To Jim Cramer

4. Realty Income Corporation (NYSE:O)

Dividend Yield as of December 2: 4.77%

Realty Income Corporation (NYSE:O) is an American multinational real estate investment trust company. The company pays a monthly dividend of $0.248 per share and has a dividend yield of 4.77%, as of December 2. It has been raising its dividends consistently for the past 28 years and has paid regular dividends for 100 quarters in a row. This makes the company one of the best dividend stocks on our list.

In October, Raymond James maintained an Outperform rating on Realty Income Corporation (NYSE:O) with a $68 price target. The firm sees the company as a strong risk/reward play within the net lease.

According to Cramer, Realty Income Corporation (NYSE:O) is a reliable stock for the rest of the year because of its strong dividends.

The number of hedge funds tracked by Insider Monkey owning stakes in Realty Income Corporation (NYSE:O) grew to 28 in Q3 2022, from 19 in the previous quarter. These stakes are valued at $422.5 million collectively.

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