5 Most Popular Dividend Stocks on Robinhood

4. Realty Income Corporation (NYSE:O)

Dividend Yield as of February 7: 4.48%

Realty Income Corporation (NYSE:O) is another stock that pays monthly dividends. The company is among the S&P 500 and operates as a real estate investment trust, REIT. Realty Income Corporation (NYSE:O) has been consistent with its dividend increases for over 25 years now and has a track record of 114 dividend hikes and has paid 618 monthly dividends consecutively since it went public in 1994. The company also boasts a payout ratio of 223.73% and a 5-year CAGR of 3.37%.

On November 30, 2021, Mizuho analyst Haendel St. Juste raised the price target on Realty Income Corporation (NYSE:O) to $82 from $81 and reiterated a Buy rating on the shares.