Wednesday, January 21, 2015

Top 5 Integrated Utility Companies To Watch In Right Now

Top 5 Integrated Utility Companies To Watch In Right Now: Realty Income Corporation(O)

Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. As of December 31, 2006, it owned 1,955 retail properties located in 48 states, covering approximately 16.7 million square feet of leasable space. The company also held a portfolio of 60 properties through its wholly owned subsidiary, Crest Net Lease, Inc. (Crest), as of the above date. Realty Income Corporation has elected to be treated as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1969 and is based in Escondido, California.

Advisors' Opinion:
  • [By Rubicon Associates]

    Going a little further back, we see Realty Income (O) becoming the exit strategy for American Realty Capital Trust (here):

    Premium to Share Price and Asset Values This transaction enables the shareholders of American Realty Capital Trust to capitalize on the recent upward price movement of the shares of ARCT, and to achieve a premium valuation for their shares. Furthermore, ARCT's assets were acquired at an opportune time in the market. This transaction allows ARCT's shareholders to realize a premium over their purchase price.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-integrated-utility-companies-to-watch-in-right-now.html

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