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Is Realty Income’s (O) 9-Year Low a Golden Opportunity for Dividend Investors?

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Realty Income (O) is now trading at levels not seen since 2016 , a nearly decade-long period of flat capital gains.

The REIT has been busy stretching its legs beyond the U.S. , and it’s paying off in a big way.

The company deployed $1.4 billion into investments, with a notable $893 million allocated to Europe at a 7.0% cash yield.

Realty Income ’s pullback to 2016 price levels presents a rare opportunity to acquire a high-quality REIT at a compelling valuation.

At $ 60.75 , the average O stock price target implies an upside potential of ~9% over the next twelve months .

For income-focused investors, this may be an ideal moment to secure reliable cash flow.