Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
How to Earn $500 a Month From Realty Income (O) Stock
If you’re looking for regular income, it’s hard to beat dividend-paying stocks. A particularly attractive one is **Realty Income **(O +0.75%). It’s a real estate investment trust (REIT) – a company that owns lots of real estate and charges its tenants rent.
REITs are required to pay out at least 90% of their taxable earnings as dividends, and Realty Income has been kicking out a lot of income to its shareholders. Its dividend yield was recently 5.3%. Better still, unlike most dividend stocks, it pays its dividend on a monthly basis.
Image source: Getty Images.
If you’re looking for $500 in monthly income (which is $6,000 per year) from Realty Income stock, you would need to own a bunch of shares. How big a bunch? Well, the stock’s most recent monthly dividend per share was $0.2705, to be paid in April.
Therefore, to collect $500, divide $500 by $0.2705, arriving at 1,848.43. Let’s round up a bit, to 1,850 shares. At a recent stock price of $60.46, that would cost you $111,851.
Expand
NYSE: O
Realty Income
Today’s Change
(0.75%) $0.45
Current Price
$60.72
Key Data Points
Market Cap
$57B
Day’s Range
$60.04 - $61.21
52wk Range
$50.71 - $67.94
Volume
184K
Avg Vol
6.6M
Gross Margin
48.73%
Dividend Yield
5.32%
Before you spend such a sum on a stock, research it well. For starters, here are some things to know about this particular REIT:
Give this stock – or other compelling dividend payers – some consideration.