623rd Consecutive Common Stock Monthly Dividend Declared By Realty Income

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Realty Income Corporation (NYSE: O) has declared its 623rd consecutive monthly dividend of $0.247 per share, amounting to an annualized total of $2.964. The dividend is payable to shareholders on June 15, 2022, with a record date of June 1, 2022 and an ex-dividend date of May 31, 2022. Realty Income continues its track record as a reliable Monthly Dividend Company, having increased dividends 115 times since its public listing in 1994, supported by cash flow from over 11,200 properties.

Positive

• 623 consecutive monthly dividends declared
• Dividend amount of $0.247 per share for June 2022
• Company increased dividends 115 times since public listing
• Strong cash flow supported by over 11,200 properties

Negative

• Risks associated with the real estate market and economic conditions
• Potential impacts from COVID-19 on business operations and clients
• Volatility in credit and financial markets affecting operational results

SAN DIEGO, May 17, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced that its Board of Directors has declared the 623^rd consecutive common stock monthly dividend. The dividend amount of $0.247 per share, representing an annualized amount of $2.964 per share, is payable on June 15, 2022 to shareholders of record as of June 1, 2022. The ex-dividend date for June's dividend is May 31, 2022.

About Realty Income
Realty Income, The Monthly Dividend Company^®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats^® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 11,200 real estate properties owned under long-term net lease agreements with commercial clients. To date, the company has declared 623 consecutive common stock monthly dividends throughout its 53-year operating history and increased the dividend 115 times since Realty Income's public listing in 1994 (NYSE: O). Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. When used in this press release, the words "estimated," "anticipated," "expect," "believe," "intend," and similar expressions are intended to identify forward-looking statements. Forward-looking statements also include discussions of future operations and results, strategy, plans, or intentions of management. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business and economic conditions; competition; fluctuating interest and currency rates; access to debt and equity capital markets; continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' defaults under leases, potential liability relating to environmental matters, illiquidity of real estate investments, and potential damages from natural disasters; impairments in the value of our real estate assets; changes in income tax laws and rates; the continued evolution of the COVID-19 pandemic and the measures taken to limit its spread, and its impacts on us, our business, our clients, or the economy generally; the timing and pace of reopening efforts at the local, state and national level in response to the COVID-19 pandemic and developments, such as the unexpected surges in COVID-19 cases, that cause a delay in or postponement of reopenings; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; any effects of uncertainties regarding whether the anticipated benefits or results of our merger with VEREIT, Inc. will be achieved; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Those forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release. We do not undertake any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

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SOURCE Realty Income Corporation

FAQ

What is the dividend amount declared by Realty Income for June 2022?

Realty Income has declared a dividend of $0.247 per share for June 2022.

When will Realty Income's June 2022 dividend be paid?

The June 2022 dividend will be paid on June 15, 2022.

What is the record date for Realty Income's June 2022 dividend?

The record date for the June 2022 dividend is June 1, 2022.

How many consecutive monthly dividends has Realty Income declared?

Realty Income has declared 623 consecutive monthly dividends.

How many times has Realty Income increased its dividend since going public?

Realty Income has increased its dividend 115 times since its public listing in 1994.