Realty Income 是一项有意思的投资，未来回报为 10%，风险低于市场，尽管存在长期股票风险。
逐段跳播
美国和欧洲零售商股息支付略有下降，降幅 3%。它们正在进行回购，这应该会增加股息支付。如果你期待 4% 的股息率，你需要在二十几倍的高位，如果你想要安全边际，你需要在二十几倍的低位，才能实现 10% 的收益率。
现在，被定价进去的是股息永久增长 6%，预期支付率 3%，这有点多。所以，我会把它放在这里：股息和回购，6-7% 的稳定回报。不过，要记住这只股票的长期风险。
American and European retailers saw a slight decrease in dividend payouts of 3%. They are carrying out buybacks that should increase dividend payouts. If you're expecting a 4% dividend yield, you need it in the high twenties, and if you want a safety margin, you need it in the low twenties to achieve a 10% yield.
Now, what's being priced is 6% forever growth in dividends, with an expected payout of 3%, which is a bit much. So, I'll put it here: dividends and repurchase, stable returns of 6-7%.
However, keep in mind the long-term risks of the stock.
我们刚刚讨论了 Realty Income。未来回报看起来是 10%。我甚至会说它比市场风险更低。所以，让我们把它放在这里，作为一个有意思的东西。
We have just discussed Realty Income. The return looks like 10% for the future. I would even say it is less risky than the market. So, let's put it here as something interesting.
这个频道对 $O 的历次判断
Value Investing with Sven Carlin, Ph.D. 在这只股票上共 2 条判断，这里只列相邻的几条。