Is Realty Income a Millionaire-Maker Stock?

In the world of investing, there are stocks that promise quick returns, and then there are those that offer steady, long-term growth. Realty Income (NYSE: O) falls into the latter category, and it has been a reliable choice for income-oriented investors for decades. But can this REIT truly make you a millionaire? Let's dive into the data and find out.



Realty Income has a proven track record of delivering consistent returns to its shareholders. Over the past 30 years, the company has generated a total return of 4,960% with reinvested dividends, easily outpacing the S&P 500's total return of 2,030%. This impressive performance is due to Realty Income's reliable business model, strong dividend yield, and growth through new property acquisition.

One of the key factors driving Realty Income's success is its focus on recession-resistant tenants. The company's portfolio is diversified across various industries, with a significant portion of its tenants operating in sectors that are less affected by economic downturns. This diversification helps maintain high occupancy rates and ensures a consistent flow of rental income, driving AFFO per share growth.

Realty Income's dividend growth rate and payout are also quite impressive compared to other REITs and the broader market. The company has increased its dividend for 29 straight years, with a compound annual growth rate of 4.3%. This consistent dividend growth, combined with its high dividend yield of 5%, makes Realty Income an attractive option for income-oriented investors.



Another factor contributing to Realty Income's long-term success is its ability to adapt and grow. The company has expanded its portfolio through acquisitions and mergers, such as its 2024 merger with Spirit Realty Capital. This growth, combined with its strong financial performance, has allowed Realty Income to maintain its status as one of the world's largest REITs.

So, is Realty Income a millionaire-maker stock? Based on its historical performance, strong dividend growth, and focus on recession-resistant tenants, the answer is a resounding yes. While there are always risks involved in investing, Realty Income's track record and business model make it a solid choice for long-term investors looking to build wealth.



In conclusion, Realty Income's consistent performance, strong dividend growth, and focus on recession-resistant tenants make it an attractive option for long-term investors. While there are always risks involved in investing, Realty Income's track record and business model make it a solid choice for those looking to build wealth over time. So, if you're looking to become a millionaire, consider adding Realty Income to your portfolio and holding onto it for the long haul.