Published Wed, 16 Sep 2020 08:49:09 -0400 on Seeking Alpha
Seeking AlphaREITsRealty Income: Buy This Safe Monthly Dividend REIT During Uncertain TimesSep. 16, 2020 8:49 AM ET|| About: Realty Income Corporation (O)by: Investor TripInvestor Trip Deep Value, Contrarian, Momentum, Long/Short EquitySummaryRealty Income provides consistent monthly dividend income that's perfect for any retirement portfolio.
Uncertain times lie ahead as we approach the end of 2020, with many Nasdaq stocks trading at all-time highs.
REITs are the perfect defensive assets against stock market bubbles due to their boring yet consistent dividend yields.
Realty Income (NYSE: O) is one of my core holdings in my retirement portfolio because of its consistent monthly dividend payments and attractive REIT portfolio.
Retail investors obsess over the latest high-flying tech stocks but don't shy away from owning REITs to lift your portfolio ROI over time.
Land will always be valuable and will appreciate over time as the dollar loses value.
Realty Income is a well-positioned commercial REIT with strategic locations throughout the US and around the world.
Realty Income owns 6,500 properties with over 600 different tenants across 50 different industries. Diversification and risk avoidance is built into the nature of its stock.
The company made its first major expansion to Europe in 2019 and should continue to acquire real estate and increase cash flow.
Triple Net Lease Reduces Risk for Shareholders
A couple of negative comments surrounding Reality Income tend to focus on the ability to collect rent payments during the pandemic.
However, Realty Income reported a 93.5% rent collection rate during August 2020 and many of its tenants are essential businesses like convenience stores and pharmacies.
The main challenge for its tenants are businesses like fitness centers that experienced a major dropoff in foot traffic since the COVID-19 pandemic.
Realty Income sits in a better position than other REITs like Simon Property... Read more