How Realty Income Became My Worst Investment

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You’ve probably heard me rave about Realty Income, my go-to Real Estate Investment Trust (REIT). And there are plenty of reasons why I’m such a fan. They’re one of the few dividend Aristocrats out there, paying out monthly, boasting a solid track record since hitting the NYSE in ’94. Plus, they’ve never slashed dividends, kept a conservative payout ratio, and maintained high occupancy rates. Sounds like a winner, right?

The Initial Investment:
Back in early 2022, I decided to up my game with Realty Income. Thought I’d snag some steady income with a solid company. So, I pumped a chunk of change into it, aiming for that sweet $100 a month dividend mark. Seemed like a smart move, given its history.

The Interest Rate Hike Saga:
Then came the interest rate hike saga. Fed started jacking up rates, and REITs like Realty Income took a hit. The share price tanked, management got busy issuing more shares, and my investment nosedived.

Realty Income

Keeping a Cool Head:
But here’s the thing: I’m not sweating it. Why? Because I haven’t actually lost anything until I sell. And I ain’t selling. Realty Income’s still a solid play for me. Yeah, it’s been rough, but I’m in it for the long haul.

Looking Ahead:
Sure, the future might look a bit murky with those interest rates still up there. But Realty Income’s been on a growth spree, doubling its portfolio in just five years. Plus, once they sort out that SPI acquisition, they’ll be even bigger.

Staying the Course:
So, what’s the plan? Stick with Realty Income, keep reinvesting those dividends, and ride out the storm. Yeah, it might take a while to bounce back, but I’m in it for the long game. Patience is key in this dividend investing gig.

I’ve got all my holdings laid out, plus a Discord where we chat about high-yield investments. Hit that like button if you dig this content, and subscribe for more dividend investing tips.