Here's How Many Shares of Realty Income Stock You Should Own to Get $1,000 in Yearly Dividends

Realty Income (NYSE: O) has become a dividend stalwart, even for a REIT that has to pay out at least 90% of its net income in the form of dividends. The commercial property owner, otherwise known as the "monthly dividend company," has increased its payout at least once a year since 1994.Additionally, its dividend yield now stands at 5.9%, more than quadruple the S&P 500 (SNPINDEX: ^GSPC) average of 1.35%. Thanks to this massive return, generating $1,000 of sustainable dividend income is possible on a relatively small investment. Here's how.Right now, one must buy $16,950 in Realty Income stock to earn that return annually. At current stock prices, that amounts to 316 Realty Income shares.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool