
Valued at a market cap of $54 billion, Realty Income Corporation (O) is a real estate investment trust (REIT) that primarily invests in freestanding, single-tenant commercial properties under long-term net lease agreements. The San Diego, California-based company’s portfolio spans across the U.S. and parts of Europe, covering retail, industrial, and other commercial sectors.
Companies worth $10 billion or more are typically classified as “large-cap stocks,” and Realty Income fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the REIT - retail industry. The company’s strength lies in its highly diversified portfolio, which provides consistent rental income and stability. It is known as “The Monthly Dividend Company,” with a proven track record of paying dependable monthly dividends for decades.