Last week I made a new buy for my Vrijheid Fonds.
I have a few stocks in my Vrijheid Fonds, which I think are always safe to buy. In the long run, these stocks are always value for your money. One of these stocks is Realty Income (O).
I did a quick scan of the company and the highlights are:
- Realty is almost a Dividend Aristocrats (just a few months to go)
- Dividend coverage AFFO (Adjusted Funds From Operations – the actual cash available for distribution): ~ 85%
- AFFO YoY growth: 7%
- Compound Average Annual Dividend Growth: 4.7%
- Occupancy rate > 98%
- Debt-to-EBITDA ratio: ~ 5.2 (Lowest in 10 years)
- S&P-rating: BBB+
- Dividend Yield: 4.7%
- The stock price has dropped in the last weeks
On the basis of this information/research I think Realty Income is a great stock to have for the long run.
Purchase
Last week I bought 35 shares of O at $54.49 per share (incl. fees). With this buy I added a little bit more than €10.90 (after taxes) of dividend to my Vrijheid Fonds for this year.
The projected dividend income for 2017 for my Vrijheid Fonds is €3,068.
Again a small step in my journey. And one-step closer to my goal. Has anyone else invested in this company recently? Any feedback is greatly appreciated!
Cheers,
Pollie
Disclaimer: I’m not a registered investment adviser, investment professional, brokerage firm or investment company. Readers are advised that information on the website is issued solely for information purposes and not to be construed as an offer or recommendation to buy, hold, or sell any securities. All information, opinions, and analyses included are based on sources believed to be reliable, but no representation or warranty is made concerning accuracy, correctness, timeliness, or appropriateness. Please consult with an investment professional before investing any of your money.
Het bericht Recent buy – Realty Income verscheen eerst op Polliesdividend.