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"ريلتي إنكم "تمنحك بالفعل عائداً يقارب 6% . الآن، لنفترض حدوث انهيار بنسبة 70%على مدى عقد من الزمن. عائدات بنسبة 6%، ربما ليس" ريلتي إنكم "بل استثمار قيمة مشابه، ستمنحك ضعف رأس المال مع التوزيعات والنمو المركب"

"If this is just one spike and it returns okay but if this stabilizes you can expect 7% from realy income which means another 15 20% down. But that is just the short term."

"If you look at REITs with declining interest rates since it went public, it has outperformed the S&P 500 by great numbers."

"When the 10-year treasury is at 2%, you're very happy with the 3.5 4% from realy income. Now that the 10-year Treasury gives you 5.2% now you want more from realy income and we are at 5.8% for the dividend yield which means that there is still room for the market to adjust"

"But US tax-free, you might start looking now, not when the yield on REITs is 3%. But now it's starting to get interesting. Building a position, being ready to double down if it gets even cheaper. And then when and if interest rates go lower, stabilize, and things improve, who knows when. Patience, overtime, protection from inflation, things like that. It doesn't look bad."

"Realy income is getting interesting. The dividend yield is rising. The stock hasn't done much over the last five years, but the business, the real estate, everything keeps on doing its job. Therefore, now might be a better time than whenever over the last 5 years. Take another look at this."

"If there is a terrible recession with higher interest rates, stagflation, lower occupancy, increased debt ratios, that would be the worst case scenario for the stock, then I would assume it will go lower."

"We might see more declines. However, on the other side you have what the market wants. Market with higher interest rates wants higher yields. If you own it, what do you get? You get a higher yield than when it was 3%."

"Realy income. You just click here and the key input is the dividend $3. If we have just 2% growth rate and the market is happy with the 5% dividend yield down the road and the intrinsic value for a 10% return is close to the current stock price."

"I think it will because it's on the better side of things and they have already started adjusting to the higher interest rate environment whether this is cosmetics or real interest cost management for the benefit of the shareholder."

"If Realty Income is yielding 5.75% versus a U.S. 20-year currently yielding about 5.3%, what does that mean? Well, it means you can get a risk-free 5.3% instead of having to take on equity risk with Realty Income to get a slightly boosted yield of 5.75%."

"Is this a massive opportunity to buy a near 6% yielding REIT that has historically paid dividends every single month and grows the dividend every single quarter, or has something fundamentally changed?"

"The historic five-year average valuation multiple is 14.7. Right now, they're trading at about 12.6. And if you zoom out even more, they traded at above a 20 price to AFFO multiple before the 2020 crash. So, the lowest valuation multiple in years, despite the fact they're still growing and will continue to grow adjusted funds from operation. That's interesting, and again, it leads us back to the macro environment we're operating in."

"If we just assume Realty Income grows their dividend at 3% moving forward, fair value is about $65.30, implying 15% upside from current prices, which is pretty close to what the average analyst estimate is giving us as well. And to be honest, I think it's very possible we could see dividend growth closer to around 3.25%, which would put fair value at $68, which would imply upside of roughly 21%."

"But analysts still seem to believe Realty Income is a pretty huge opportunity at current prices. I mean, we're talking about a yield of 5.75%, and the average analyst price target is giving Realty Income roughly 18% upside from current prices."

"Realty Income stock has seen a rapid decline over just the last couple of months. If we look them in just the last month alone, they're down by about 10.2%"

"Equity-like returns with bond-like volatility. For someone looking for stable income, that's very attractive. And one of the things you'll notice is the stock price beta is just 0.5. So, you get about half the volatility versus the S&P 500 with historically outperformance. That's one of the huge reasons that Realty Income has been so attractive to so many people. It's about risk-adjusted returns."

"So, fundamentally, I do think Realty Income is becoming a stronger, a healthier company, which is exactly what the REIT at their current size needs. Their cost of capital coming down. However, if we continue to see Treasury rates going higher, that'll definitely weigh down the share price in the coming year. So, that's what you need to know about Realty Income right now."

"It's certainly going to give the company a lot more flexibility. So, while there's no doubt, they're still heavily impacted from an opportunity cost perspective, with the yield at 5.75%, but Treasury yields continuing to go higher, that impacts them from an opportunity cost. But from a long-term adjusted funds from operation per share perspective, this should create stronger earnings growth, stronger AFFO share growth."

"So, we can see adjusted funds from operations for Realty Income has grown every single year. It's projected to continue to do exactly that. And it's also important to note, this is what dividends are paid out of. So, the dividend looks very safe. It looks very sustainable and should continue to grow at a healthy rate moving forward."