Recent Buy: Realty Income REIT

REIT sector has been taking a beating and Realty Income has felt it too. Interest rates are naturally key factor in this and overall economic situation is not that great either. Latter applying in both sides of the pond. Overall I see Realty Income as very interesting at current valuation levels. Sure, short term pain is likely to continue but long term it should do just fine. Therefore I re-invested dividends and bought additional 25 shares for 50.21 USD per share. If there are no drastic changes in valuations, I might be aiming for additional three identical tranches in coming months.