Realty Income Corporation is a real estate investment trust (REIT) that focuses on acquiring and managing freestanding commercial properties primarily leased to retail and commercial clients through long-term net lease agreements. As part of its business model, the company is committed to delivering dependable monthly dividends to its stockholders, having consistently increased its dividend for over 25 years. Realty Income’s portfolio consists of 13,458 properties in the United States and Europe, which helps ensure a steady income stream backed by diverse tenants across numerous industries.
The company's acquisition strategy emphasizes properties located in important markets with strong demographic attributes while focusing on tenants that have sustainable and reliable cash flow to minimize risks. Realty Income actively manages its portfolio, targeting opportunities for rent increases, diversification across industries and geographic areas, and leveraging its long-standing relationships with clients to enhance revenue stability. The recent merger with Spirit Realty Capital will further bolster the company's portfolio by adding complementary properties, enhancing geographic and client diversification.