|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's range||66.90 - 68.11|
|52-week range||62.74 - 75.40|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||69.03|
|Forward dividend & yield||2.96 (4.36%)|
|Ex-dividend date||31 May 2022|
|1y target est||N/A|
When you're trying to start investing in stocks, it can be difficult to know where to begin building your portfolio. There are thousands of public companies out there that do so many different things. Realty Income (NYSE: O) is a real estate investment trust (REIT) that owns free-standing commercial buildings, which it primarily leases to companies in the retail and industrial sectors.
There are many ways to start earning passive income. One tried and true method is investing in real estate. While there are many options, the lowest-cost and most passive way is through real estate investment trusts (REITs).
Real estate is a sector that tends to hold up better than most during recessions, but there is a wide range of subsectors that can be affected in different ways. For example, real estate investment trusts (REITs) that own hotels don't tend to perform well in recessions, as consumers spend less money on travel. On the other hand, there are several types of commercial properties that are extremely resilient and should perform just fine even in a tough economy.