Realty Income (O) - Hoya Hotseat

Hoya Capital

Realty Income (O) - Hoya Hotseat In the News All O Jan 22 Written By Alex Pettee, CFA Hoya Capital Realty Income (NYSE:O) is the largest Net Lease REIT and one of the largest real estate operators in the world, owning over 15,000 properties across all 50 states in the U.S. and six European countries. Branded as "The Monthly Dividend Company", Realty Income is one of 29 REITs in the S&P 500 and is a member of the S&P 500 Dividend Aristocrats Index.

CEO Sumit Roy joins the Hotseat to discuss the backstory of Realty Income since its founding in 1969, the advantages of the REIT model in providing growth capital for M&A, and the headwinds and tailwinds impacting the broader net lease REIT industry. Continue reading ▶︎ Interviews Press All Hoya Hotseat O Alex Pettee, CFA Transcript we are realy Income uh we're also called the monthly dividend company uh we invest in net lease real estate uh we are uh we we've been a public entity since 1994 we trade under the ticker symbol o and uh we've been in existence for uh close to 55 years so you know Reit is basically a fancy way of saying that we are um allowed to invest only in actual real estate uh and Reed is really a tax elective that has certain conditions to allow us to be passive investors in real estate and this is a way for a retail investor to own a piece of Bellagio for instance uh without having to worry about you know what is the total cost of a bagio so that's really the advantage of being a reed and you know we were we were essentially built uh on the basis of um this this transition that we are starting to see where companies want to be asset light they want to focus on their operations but they needed a relationship with ...