5 Monthly Dividend Stocks To Buy and Hold Forever

2. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 23

Realty Income Corporation (NYSE:O) is next on our list of the best dividend stocks to buy and hold. The real estate investment trust company offers a monthly dividend of $0.256 per share. The company has been raising its dividends for 29 consecutive years, which makes it a dividend aristocrat. The stock has a dividend yield of 5.73%.

As of the end of Q3 2023, 23 hedge funds owned stakes in Realty Income Corporation (NYSE:O), compared with 24 in the previous quarter, as per Insider Monkey’s database. The total value of these stakes is roughly $150 million.

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