10-Year Treasury Yields Are Back Over 5% After the Fed Raised Rates. 3 Reasons Why This S&P 500 Dividend Stock Is a Better Buy for Long-Term Passive Income Investors

Key Points Realty Income's diversified portfolio of over 15,500 properties across 1,800 clients gives it steady, recurring rental income. The REIT has raised its dividend 136 times since 1994, paying a monthly income that grows rather than staying fixed like a bond coupon. New joint ventures should bring in outside capital and expand Realty Income's growth opportunities. 10 stocks we like better than Realty Income › Bond yields have surged this year, with the 10-year Treasury pushing past the 5% mark following the latest rate hike from the Federal Reserve . But for investors seeking long-term passive income, Realty Income (NYSE: O) , an S&P 500 dividend stock, offers something Treasuries can't match: the potential for growing income over time.