Here's How Many Shares of Realty Income (O) Stock You'd Need for $1,000 in Monthly Dividends

Realty Income (O), a REIT with a 5.12% dividend yield, pays monthly dividends and has increased its dividend for 115 consecutive quarters. To generate $1,000 in monthly income, an investor would need approximately 3,690 shares costing nearly $230,000. The company owns over 15,500 properties across the U.S. and Europe with a 98.8% occupancy rate, making it a reliable long-term dividend stock with modest growth potential.