5 Best Retirement Stocks To Buy Now

1. Realty Income Corporation (NYSE:O)

Dividend Yield as of June 7: 4.35%

Number Of Hedge Fund Holders: 22

Realty Income Corporation (NYSE:O) is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, Spain and the United Kingdom. One of the most prominent monthly dividend-paying stocks, Realty Income Corporation (NYSE:O) has raised its dividend 115 times throughout its 53-year operating history, with the company’s compound average annual dividend growth rate standing at approximately 4.4%.

For the fiscal first quarter of 2022, Realty Income Corporation (NYSE:O) reported an EPS of $1.01, beating estimates by $0.04. Additionally, the revenue came in at $807.34 million, an increase of 93.29% on a year-over-year basis, surpassing market predictions by $58.66 million.

Based on Insider Monkey’s Q1 database, 22 hedge funds were bullish on Realty Income Corporation (NYSE:O), down from 30 funds in the preceding quarter. The total stakes held in Q1 2022 amounted to approximately $284.8 million. Matthew Barrett’s Glendon Capital Management is the largest shareholder of the company, with a position worth roughly $128.68 million.

You can also take a look at 10 Best Value ETFs to Invest in Now and 10 Best Undervalued Large-Cap Stocks According to Hedge Funds.

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