Realty Income, Blackstone and 3 other dividend stocks that will give you safe passive income instantly
Dividend investing is very popular among many because companies pay investors a set amount each quarter and the best ones increase their payouts over time. It is exciting to receive money for doing essentially nothing. Here are 5 dividend stocks that can help you build a passive income that is also likely to grow over time.
Realty Income $O
The main reason to buy Realty Income stock is to try to get more of its attractive dividend. The REIT pays a monthly dividend that currently yields more than 5%. That's well above the 1.7% dividend yield of, say, an S&P 500 index fund. Meanwhile, it has raised its dividend 117 times since going public in 1994, including the last 100 quarters in a row, easily qualifying the company as a dividend aristocrat.
Realty Income is a REIT that owns and manages commercial real estate in the U.S. and Europe. Its monthly dividends are driven by cash flow from more than 11,400…
Please!! note that this is not financial advice Every investment must go through a thorough analysis