Dividends & Dust

Realty Income. The name sounds like a threat from a loan shark, but they deal in real estate, not broken kneecaps. Since 1969, they’ve been handing out monthly checks, a steady drip in a world of quarterly storms. Thirty years of annual increases. That’s not luck; that’s a business built on solid ground. They’re a REIT, which means they’re legally obligated to share the wealth, paying out at least 90% of their taxable income. Currently, they’re offering around 4.92% annually, a decent enough return in a world where savings accounts are practically decorative.








