5 Monthly Dividend Stocks to Buy in March

1. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 30

Dividend Yield as of March 7: 4.43%

Headquartered in San Diego, California, Realty Income Corporation (NYSE:O) is a real estate investment trust that invests in properties owned under long-term lease agreements with commercial clients, which allows it to provide stakeholders with a dependable monthly income. 

Realty Income Corporation (NYSE:O) declared on February 15 a $0.2465 per share monthly dividend, in line with previous. The dividend is payable on March 15, to shareholders of record on March 1. Realty Income Corporation (NYSE:O) delivers a dividend yield of 4.43% on March 7. 

Mizuho analyst Vikram Malhotra lowered the price target on Realty Income Corporation (NYSE:O) to $76 from $82 and kept a Buy rating on the shares after taking over coverage of the name. The analyst downgraded his REIT sector view to Equal Weight and emphasized stock selectivity with a focus on pricing power and duration.

Among the hedge funds monitored by Insider Monkey in the fourth quarter of 2021, 30 funds were bullish on Realty Income Corporation (NYSE:O), up from 22 funds in the earlier quarter. Glendon Capital Management is the biggest shareholder of the company, with 1.85 million shares worth roughly $133 million. 

You can also take a look at 10 Growth Stocks Under $50 for 2022 and 10 Best Small Cap Stocks To Buy for 2022. 

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