This Dividend Winner Just Announced Its 676th Consecutive Monthly Dividend. Is It Worth a Look?

Realty Income (O), a REIT managing 15,500 properties across the U.S. and Europe, announced its 676th consecutive monthly dividend of $0.2715 per share and has raised dividends for 31 consecutive years, making it a Dividend Aristocrat. However, the stock has declined nearly 3% year-to-date and 7% over the past 52 weeks, facing headwinds from rising interest rates. While the 5.95% yield is attractive for income investors, the stock's recent weakness and REIT sensitivity to rate hikes present concerns, though analysts suggest it may be worth considering at current valuations.