Realty Income (O) – Among the 12 Best NYSE Stocks to Buy for Dividends

With an annual dividend yield of 5.13%, Realty Income Corporation (NYSE:O) is included among the 12 Best NYSE Stocks to Buy for Dividends.

Realty Income Corporation (NYSE:O) focuses on acquiring and managing high-quality, single-unit freestanding commercial properties under long-term, net lease agreements leased to leading global operators. The company manages a portfolio of 15,500 properties in all 50 US states, the UK, and eight other countries in Europe.

On June 18, Scotiabank cut its price objective on Realty Income Corporation (NYSE:O) from $72 to $67, but maintained its ‘Outperform’ rating on the shares. The lowered target still indicates an upside of over 6% from the current levels.

The analyst firm believes that REIT valuations have become less compelling after a strong start to the year. As a result, it adjusted its subsector preferences based on its “relative valuation-versus-growth framework”.

While Scotiabank continues to favor seniors housing the most, it also upgraded its outlook on self-storage and net lease from ‘Marketweight’ to ‘Overweight’. At the same time, it downgraded its views on industrial and shopping centers from ‘Overweight’ to ‘Marketweight’, citing relative valuation concerns.

In its latest earnings call, Realty Income Corporation (NYSE:O) increased its full-year 2026 investment volume guidance to $9.5 billion at 100% ownership. Moreover, it raised its AFFO per share guidance range to between $4.41 and $4.44.

While we acknowledge the risk and potential of O as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than O and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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