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Realty Income Corporation - O STOCK NEWS

Welcome to our dedicated page for Realty Income Corporation news (Ticker: O), a resource for investors and traders seeking the latest updates and insights on Realty Income Corporation stock.

Realty Income Corporation, traded under the symbol O on the New York Stock Exchange, is a prominent S&P 500 company renowned for providing shareholders with reliable monthly dividends. Established in 1969, the company has meticulously built a portfolio encompassing over 15,450 properties, strategically located across all 50 U.S. states and in seven European countries, including the U.K. and Germany.

Realty Income's business model revolves around owning and managing freestanding, single-tenant commercial properties. These properties are primarily leased under long-term, triple-net agreements to high-credit tenants. With a client base spanning 1,552 entities across 89 industries, Realty Income ensures diversified and stable revenue streams.

In recent years, the company has expanded its portfolio to include industrial, gaming, office, manufacturing, and distribution properties, which contribute approximately 17% of its revenue. Realty Income's strategic acquisitions, such as the recent merger with Spirit Realty Capital, have further solidified its position in the market, enhancing its growth prospects and financial stability.

Realty Income's operational highlights include maintaining a robust portfolio occupancy rate of 98.6%, demonstrating its commitment to stable and sustainable growth. The company's recent collaboration with Decathlon SE for a sale-leaseback transaction involving 82 retail properties in Europe underscores its capability to secure high-quality assets and partners globally.

Financially, Realty Income boasts a strong balance sheet, with liquidity of $4.0 billion as of March 31, 2024. The company continues to generate healthy cash flow, supporting its mission to deliver dependable monthly dividends, which have been increased 124 times since its public listing in 1994.

As part of its sustainability initiatives, Realty Income remains dedicated to environmental responsibility, as highlighted by Decathlon's commitment to reducing CO2 emissions by 20% by 2026.

For investors seeking consistent returns and exposure to high-quality commercial real estate, Realty Income stands out as a reliable and growth-oriented option. More detailed information about the company and its operations can be found on their official website at www.realtyincome.com.

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Realty Income (NYSE: O) has announced its 128th dividend increase since its NYSE listing in 1994. The company raised its monthly cash dividend to $0.2640 per share from $0.2635, payable on January 15, 2025, to stockholders of record as of January 2, 2025.

The new dividend represents an annualized amount of $3.168 per share, up from $3.162. This marks the company's 654th consecutive monthly dividend and 109th consecutive quarterly dividend increase since its NYSE listing. The company, founded in 1969, maintains a portfolio of over 15,450 properties across the U.S., U.K., and six European countries.

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Realty Income (NYSE: O) has declared its 653rd consecutive monthly dividend of $0.2635 per share, equating to an annualized amount of $3.162 per share. The dividend is payable on December 13, 2024 to stockholders of record as of December 2, 2024. The company, known as 'The Monthly Dividend Company®', maintains a portfolio of over 15,450 properties across the U.S., U.K., and six European countries. As an S&P 500 Dividend Aristocrat, Realty Income has increased its dividend for 30 consecutive years.

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Orion Office REIT reported third quarter 2024 results with total revenues of $39.2 million and a net loss of $(10.2) million. The company completed 832,000 square feet of leasing year-to-date, including 254,000 square feet in Q3. Notable achievements include acquiring a 97,000-square-foot facility in San Ramon, California for $34.6 million and maintaining a portfolio occupancy rate of 74.6%. The company's weighted average lease term increased to 5.0 years, with 74.4% of annualized base rent from Investment-Grade tenants. The Board declared a quarterly dividend of $0.10 per share, and the company narrowed its 2024 Core FFO guidance to $0.99-$1.01 per share.

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Realty Income reported Q3 2024 operating results with net income of $261.8 million ($0.30 per share) and AFFO of $915.6 million ($1.05 per share). The company invested $740.1 million at a 7.4% initial weighted average cash yield and maintained a 98.7% portfolio occupancy. They achieved a 105.0% rent recapture rate on re-leased properties. The company increased its 2024 investment volume guidance to $3.5 billion and raised AFFO guidance to $4.17-$4.21 per share. Notable capital activities included raising $271.0 million from stock sales and issuing $500.0 million of senior unsecured notes due 2054, along with £700.0 million in UK notes.

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Orion Office REIT Inc. (NYSE: ONL), a real estate investment trust focused on single-tenant net lease office properties across the United States, has announced its third quarter 2024 earnings release and webcast dates. The company will release its operating results for the quarter ended September 30, 2024, after market close on Thursday, November 7, 2024.

A webcast and conference call to review the results will be held at 10:00 a.m. ET on Friday, November 8, 2024. The event will be hosted by Paul McDowell, CEO and President, and Gavin Brandon, CFO, EVP, and Treasurer. Investors can access the webcast through Orion's website at onlreit.com/investors. For the conference call, US and Canadian callers should dial 1-877-407-3982, while international callers should use 1-201-493-6780.

A replay of the webcast will be available on Orion's website, and the conference call replay can be accessed from November 8, 2024, at 1:00 p.m. ET until November 22, 2024, at 11:59 p.m. ET using the passcode 13748632.

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Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 652nd consecutive common stock monthly dividend. The dividend amount is set at $0.2635 per share, representing an annualized amount of $3.162 per share. This dividend is payable on November 15, 2024 to stockholders of record as of November 1, 2024.

Realty Income, an S&P 500 company, is a real estate partner to leading companies worldwide. Founded in 1969, the company invests in diversified commercial real estate with a portfolio of 15,450 properties across all 50 U.S. states, the U.K., and six other European countries. As a member of the S&P 500 Dividend Aristocrats® index, Realty Income has increased its dividend for 30 consecutive years.

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Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the release date for its third quarter 2024 earnings. The company will disclose its operating results for the quarter ended September 30, 2024, after market close on November 4, 2024. A conference call to discuss the results is scheduled for November 5, 2024, at 11:00 a.m. PST.

Investors can access the conference call by dialing (833) 816-1264 (United States) or (412) 317-5632 (International). A telephone replay will be available until November 12, 2024. Additionally, a live webcast will be accessible on the company's website, with a replay available approximately one hour after the live broadcast concludes.

Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and has increased its dividend for 30 consecutive years.

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Realty Income (NYSE: O), known as The Monthly Dividend Company®, has released its annual Sustainability Report for 2023, highlighting its environmental, social, and governance (ESG) initiatives. CEO Sumit Roy emphasized the company's progress in expanding its ESG programs, focusing on:

1. Stakeholder collaboration
2. Strong data foundation
3. Enhanced reporting capabilities

Realty Income's sustainability efforts include:
• Community engagement
• Corporate office improvements
• Supporting clients in renewable energy adoption

As a real estate partner to leading global companies, Realty Income boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and is part of the S&P 500 Dividend Aristocrats® index, having increased dividends for 30 consecutive years.

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Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 127th dividend increase since its 1994 NYSE listing. The company has declared a monthly cash dividend increase from $0.2630 to $0.2635 per share, payable on October 15, 2024, to stockholders of record as of October 1, 2024. This raise brings the annualized dividend to $3.162 per share, up from $3.156. Realty Income has maintained a 651-consecutive monthly dividend streak throughout its 55-year history, with 108 consecutive quarterly increases since its NYSE listing. The company, an S&P 500 member, boasts a diverse portfolio of 15,450 properties across the U.S. and Europe.

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Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the full redemption of its 6.000% Series A Cumulative Redeemable Preferred Stock on September 30, 2024. The company will redeem all 6,900,000 outstanding shares at $25.00 per share, plus accrued and unpaid dividends of approximately $0.3750 per share, for a total payment of about $25.375 per share.

This strategic move aligns with Realty Income's capital management strategy and aims to enhance the efficiency of its funding and balance sheet structure. The final dividend payment date is set for September 30, 2024, with a record date of September 13, 2024. Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S. and Europe, and has declared 650 consecutive monthly dividends to date.

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FAQ

What is the current stock price of Realty Income Corporation (O)?

The current stock price of Realty Income Corporation (O) is $52.79 as of December 20, 2024.

What is the market cap of Realty Income Corporation (O)?

The market cap of Realty Income Corporation (O) is approximately 45.3B.

What is Realty Income Corporation known for?

Realty Income Corporation is known for providing reliable monthly dividends and managing a diversified portfolio of over 15,450 commercial properties across the U.S. and Europe.

When was Realty Income Corporation founded?

Realty Income Corporation was founded in 1969.

What types of properties does Realty Income own?

Realty Income owns freestanding, single-tenant properties leased under long-term, triple-net agreements, including retail, industrial, gaming, office, manufacturing, and distribution properties.

How many properties does Realty Income own?

Realty Income owns over 15,450 properties.

What is Realty Income's ticker symbol?

Realty Income's ticker symbol is 'O' on the New York Stock Exchange.

What was Realty Income's recent major acquisition?

Realty Income recently merged with Spirit Realty Capital, significantly expanding its portfolio and enhancing growth prospects.

How does Realty Income generate revenue?

Realty Income generates revenue through long-term leases of its commercial properties to high-credit tenants, ensuring stable and diversified income streams.

What is the current occupancy rate of Realty Income's portfolio?

As of March 31, 2024, Realty Income's portfolio occupancy rate is 98.6%.

What sustainability initiatives is Realty Income involved in?

Realty Income is involved in sustainability initiatives, including partnerships with tenants like Decathlon SE, which is committed to reducing CO2 emissions by 20% by 2026.

Where can I find more information about Realty Income Corporation?

More information about Realty Income Corporation can be found on their official website at www.realtyincome.com.

Realty Income Corporation

NYSE:O

O Rankings

O Stock Data

45.30B
874.26M
0.11%
81.2%
1.76%
REIT - Retail
Real Estate Investment Trusts
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United States of America
SAN DIEGO