The month has been filled with historic events, from a near-assassination attempt on a former president to the current commander-in-chief announcing he won’t seek reelection. These events have added to the country’s economic uncertainty, with high inflation, interest rates, and fears of a stock market crash looming.
In times of uncertainty, it’s important to have a solid investment strategy in place. One option to consider is Realty Income (NYSE: O), a real estate investment trust (REIT) known for its durable dividend. The company has a track record of consistently paying dividends, with 649 consecutive monthly payments and 30 years of dividend growth.
Realty Income’s dividend currently yields 5.5%, significantly higher than the S&P 500’s average. The company’s stable cash flow, conservative dividend payout ratio, and strong financial position make it a reliable investment during market downturns. Additionally, the REIT has a lower volatility compared to the broader market, making it a portfolio stabilizer in times of market turbulence.
Looking ahead, Realty Income is well-positioned for growth, with a solid base growth rate and visible growth drivers in place. The company’s focus on industries resilient to economic downturns and its ability to fund acquisitions internally and externally further support its growth prospects.
While no one can predict if the stock market will crash, having investments like Realty Income in your portfolio can provide stability and income during uncertain times. Consider diversifying your portfolio with high-yield dividend stocks like Realty Income to weather market storms and potentially benefit from long-term growth opportunities.
