Realty Income Corporation (O) is a company that owns lots of stores, like Dollar General and Walmart. It's a special type of company called a REIT, which means it makes money from renting out its properties and pays its investors (shareholders) regularly.
- Realty Income pays investors monthly, not quarterly, like many other companies.
- It owns over 15,400 properties and is a big player in retail real estate.
- Even though many stores are closing, strong companies like Walmart and Dollar General are still growing and renting space from Realty Income.
Fact | Number |
---|---|
Number of Realty Income properties | 15,400+ |
Walmart US Stores | 5200+ |
Dollar General planned store openings in 2024 | 575 |
While the stock price is down, some think it's a good time to buy because Realty Income is doing well even with many stores closing. However, remember this isn't financial advice!