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Realty Income: A 'No-Headache' Commercial REIT Yielding 4.5%

Yep, Realty Income (NYSE:O) has done it again. And when I say again I mean the real estate investment trust reported stable, unexciting results again that prove that it's one of the best companies on Wall Street. On Wednesday, Realty Income released third quarter earnings which were in line with the Street's estimates, and that's not really a surprise. Realty Income releases steady business results quarter after quarter, which is why the stock has such a loyal following of the income investor crowd - investors pretty much know what they are getting with a Realty Income investment.

And Realty Income's third quarter results proved just that: The real estate investment trusts reported total revenues of $258.9 million for the quarter ending in September compared against $235.7 million a year ago. Realty Income's funds from operations, a higher-quality measure of financial success for REITs than earnings, grew from $142.3 million in Q3-14 to...


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