Early Retirement Portfolio: 5 Stocks to Live Off Dividends Revisited

4. Realty Income Corporation (NYSE:O)

Dividend Yield as of February 14: 4.44%

Realty Income Corporation (NYSE:O) is an American real estate investment trust company that pays monthly dividends to shareholders. BNP Paribas initiated its coverage on the stock in January with a Neutral rating and a $72 price target, appreciating its performance in 2022.

On January 10, Realty Income Corporation (NYSE:O) declared a monthly dividend of $0.2485 per share, consistent with its previous dividend. The company is one of the best dividend stocks for retirement as it has been raising its dividends consistently for the past 28 years. As of February 14, the stock has a dividend yield of 4.44%.

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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