Where Will Realty Income Stock Be in 3 Years?

Realty Income (NYSE: O), one of the world's largest real estate investment trusts (REITs), is often considered a dependable dividend stock for conservative investors. But over the past three years, its stock declined about 23% as interest rates rose. Even with reinvested dividends, it delivered a dismal negative total return of 10%.Realty Income lost its luster for a few simple reasons. Rising rates made it more expensive to purchase new properties, and they made its dividends less attractive by driving up the yields of safer CDs, Treasury bills, and other fixed-income investments. Inflation and other macroheadwinds also throttled the growth of some of its top tenants.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool