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 reading

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.