Redditors Recommend These 5 Dividend Stocks for College Students

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1. Realty Income Corporation (NYSE:O)

Dividend Yield as of August 16: 4.00%

Realty Income Corporation (NYSE:O) is an American real estate investment trust. The company is a suitable option for college students as it pays monthly dividends to shareholders. Moreover, it has a strong 53-year history of paying dividends, while raising its payouts consistently for the past 28 years. It currently pays a monthly dividend of $0.2475 per share, with a dividend yield of 4%, as recorded on August 16.

In June, Credit Suisse mentioned Realty Income Corporation (NYSE:O) as one of its Top Picks and initiated its coverage of the stock with an Outperform rating and a $75 price target. In the same month, Jefferies gave a Buy rating to the stock.

At the end of Q1 2022, 22 hedge funds in Insider Monkey’s database held investments in Realty Income Corporation (NYSE:O), worth $284.8 million. In the previous quarter, 30 hedge funds owned stakes in the company, with a total value of nearly $400 million.

You can also take a look at 10 Best Dividend Stocks to Buy in 2022 and 10 Best REIT ETFs to Buy Now

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