Monthly Dividend Stocks: A Satire on Passive Income Pursuits

Realty Income, that most earnest of real estate barons, has dubbed itself “The Monthly Dividend Stock,” a title that suggests either unwavering confidence or a desperate need for self-mythology. Since 1969, it has declared 662 dividends, a feat that would impress even the most jaded Victorian railway tycoon. Its current yield of 5.5% is a modest bribe compared to the S&P 500’s 1.2%, but one must admire the audacity of a company that leases properties to global giants and calls it prudent management.








