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New trade – adding Realty Income (O)

Today I realized a part of my planned buying of Realty Income stock. Maybe little too early since I am expecting more drop in price, but I will be buying more later if that happens. I am also planning on adding SDY to my portfolio, but this didn’t happen today and I moved my buy order lower.

Well, I am learning to better manage my money than before so I will be doing mistakes. Nevertheless I am still buying cheaper than my previous purchases, so I am OK with it in the long term.

11/26/2012 09:39:35 Bought 10 O @ 39.65

Total shares held as of today: 76
Estimated annual dividend: $138.32
Consecutive Dividend Increase: 14 years
Dividend yield today: 4.62%
Dividend 5yr Growth: 3.87%
Dividend paid since: 1994

3 responses to “New trade – adding Realty Income (O)”

  1. admin says:

    @Brad, Marvin
    Thanks for posting. I agree. I believe O is a great company. For so long they were managing it as a reliable monthly income source and it is their mission as they claim it on their website.

    Some analysts are saying the company is too expensive at these levels. When was such company cheap? I think that because it is a monthly dividend payer it will always sell with juicy premium and you have to deal with it and evaluate it on different basis, such as is the dividend safe? increasing regularly? etc. And this company meets those criteria.

    Marvin, wait for the next dip to buy some shares. I do not think you will make a mistake by having this company in your books.

  2. Brad Thomas says:

    O has paid 18 years without cutting while also increasing its dividend annually.

  3. I have had my eye on Realty Income for literally 3 years and have been trigger shy! I wish I wasn’t. I need to take another deep dive into valuing that company I love there monthly dividend and their business model seems fool proof.

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