The Ultimate High-Yield Dividend Stock to Buy With $500 Right Now

Realty Income (NYSE: O) checks every single box for income-seeking investors. The real estate investment trust (REIT) offers a high-yielding dividend backed by an extremely strong financial profile. It also has a fantastic record of increasing its dividend. On top of all that, it pays its dividend monthly instead of the quarterly schedule of most other dividend stocks. These and other factors make it the ultimate dividend stock to buy right now for those with a few hundred dollars to invest.Realty Income's dividend yield is right around 6% these days. That's several times higher than the S&P 500's dividend yield of around 1.2%. The REIT could turn a $500 investment into about $30 of annual dividend income at that rate. That compares with around $6 of dividend income for a similar investment in an S&P 500 index fund. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool