Monday, December 19, 2016

Recent buy: O

I purchased 35 shares today of Realty Income today for around 1,978.55

I believe O is cheap after the huge pull back. The rates have been increased and the news is over. Going forward, I believe O is prepared and ready for a rising rate environment is is still set to profit. Now that the rate hike uncertainty is largely baked in I decided to enter in on more O, the best monthly dividend paying stock.

O yields 4.3% right now. This amount will add $85 more to my annual income.


4 comments:

  1. Good work, I just opened a position today as well at about the same price.

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  2. Me too. I just opened a position on this stock. I've read a lot of good things about this stock while doing research for stocks to buy. Finally bought some yesterday.

    Quick question. What do you think of LTC Properties (LTC)?

    Thanks
    Shane

    ReplyDelete
    Replies
    1. I am not familiar with LTC. I only stick with big names that are high quality like O, FRT, NNN, PSA.

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