What Is the Highest Realty Income Stock Has Ever Been?

The highest Realty Income's (NYSE: O) stock has ever been was just shy of $80 per share, a peak hit in early 2020. And then the coronavirus pandemic upended the economy and the stock market, which fell into a bear market.Unlike the price of the S&P 500 index (SNPINDEX: ^GSPC), which has rallied to new highs, Realty Income's share price hasn't recovered. It is still down roughly 25% from its high-water mark. But that's a big reason why long-term dividend investors may want to buy this industry-leading net lease real estate investment trust (REIT).The big attraction for Realty Income right now is its lofty 5.5% dividend yield. The S&P 500 index is offering a scant 1.2%, and the average REIT has a yield of about 3.8%. Clearly, if you are looking to add some income to your portfolio, Realty Income will provide that.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool