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Business

Anushka Dutta

Is Realty Income (O) a Good Buy Here?

Realty Income Realty Income Corporation REIT

The monthly dividend company Realty Income Corporation (O) is structured as a Real Estate Investment Trust (REIT), with its monthly dividends supported by cash flow from several real estate properties.

In February, it was reported that the company would partner with Softbank-backed vertical farming startup Plenty Unlimited Inc. to invest up to $1 billion to build a farming space leased for the startup company. Providing a capital source for Plenty's strawberry farm could benefit Realty Income.

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