Examining the dominant REIT on the Las Vegas Strip
The triple-net real estate investment trust (REIT) subsector consists of some of the most popular and well-performing REITs over time. This group of REITs is known for consistent dividend payments, dividend growth, and at times, solid appreciation. However, these REITs have taken a beating over the past two years, largely because of inflation and rising interest rates. A triple-net lease is one in which in addition to rent, tenants pay all the operating expenses of the properties they lease, inc
Realty Income's (O) latest dividend hike reflects this REIT's ability to generate decent cash flows from its high-quality portfolio and solid balance sheet strength.