Regardless of what interest rates have done of late, when it comes to generating income from your hard earned savings you could do better…..like, A LOT better than investing in most GICs, or worse, leaving your money in a so-called “high interest” savings account.

That’s why we’re banging on the table for investors to pick up shares of what we think is one of the best dividend stocks in North America– a top TSX passive income producer.

Here’s what you should know:

It has a sky-high dividend yield of about 6% right now! It pays monthly – meaning a “cheque” hits your account every month like clockwork.

It’s trading at what looks like a great price – but who knows for how much longer?

And, it provides exposure to one of the most important industries on the planet!

But here’s the best part… we’re giving this dividend stock pick away at no additional cost today when you subscribe to our free newsletter.

Here it is …

(NYSE: O) - Reality Income Trust

Realty Income Corporation (NYSE: O), often referred to as "The Monthly Dividend Company," is a prominent real estate investment trust (REIT) renowned for its consistent monthly dividend payments and a diversified portfolio of commercial properties.

Here's an in-depth analysis of why Realty Income stands out as a compelling investment for income-focused investors

📈 Dividend Reliability and Growth

• Monthly Dividends: Realty Income is distinguished by its commitment to monthly dividend payments, a rarity among U.S. companies. As of May 2025, the company offers a dividend yield of approximately 5.6%, translating to an annual dividend of $3.18 per share.

• Consistent Growth: The company has a track record of increasing its dividend for over 25 consecutive years, with a compound annual growth rate of about 4.3% since 1994.

Here is an amazing chart of their dividend growth rate:

🏢 Diversified and Resilient Portfolio

• Property Holdings: Realty Income owns over 15,600 properties across all 50 U.S. states, the United Kingdom, and six other European countries.

• Tenant Base: The company's properties are leased to more than 1,500 clients across 89 industries, including essential service providers like Dollar General, Walgreens, 7-Eleven, and FedEx.

• Occupancy Rates: Maintaining a high occupancy rate, Realty Income reported a 98.7% occupancy as of the latest data, reflecting the quality and stability of its tenant base.

🔄 Triple-Net Lease Model

Realty Income primarily operates under a triple-net lease structure, where tenants are responsible for property taxes, insurance, and maintenance. This model ensures predictable income streams and reduces the company's operational expenses, enhancing its financial stability.

So if you are looking for steady growth, and most importantly MONTHLY DIVIDENDS from a company that has a solid track record of continuously increasing their dividends - this is the pick for you!