649th Consecutive Common Stock Monthly Dividend Declared by Realty Income

Rhea-AI Summary

Realty Income (NYSE: O) announced its 649th consecutive monthly dividend. The dividend amount is $0.2630 per share, representing an annualized amount of $3.156 per share. It is payable on August 15, 2024, to stockholders of record as of August 1, 2024.

Realty Income, founded in 1969, is a real estate partner to global companies, managing over 15,450 properties across the US, the UK, and Europe. As a member of the S&P 500 Dividend Aristocrats® index, it has increased its dividend for the last 29 years. Realty Income is committed to providing dependable monthly dividends that grow over time.

Positive

• Declaration of 649th consecutive monthly dividend, reinforcing financial stability.
• Dividend amount of $0.2630 per share, annualized at $3.156 per share.
• Dividends payable on August 15, 2024, indicating timely shareholder returns.

Negative

• None.

SAN DIEGO, July 9, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced that it has declared the 649^th consecutive common stock monthly dividend. The dividend amount of $0.2630 per share, representing an annualized amount of $3.156 per share, is payable on August 15, 2024 to stockholders of record as of August 1, 2024.

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of over 15,450 properties in all 50 U.S. states, the U.K., and six other countries in Europe. We are known as "The Monthly Dividend Company^®," and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 649 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats^® index, having increased our dividend for the last 29 consecutive years. Additional information about the company can be found 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," "continue," "should," "may," "likely," "plans," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business and portfolio; cash flows; the intentions of management; and dividends, including the amount, timing and payment of dividends. 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, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms and partners of such funding); continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' solvency, client defaults under leases, increased client bankruptcies, 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 domestic and foreign income tax laws and rates; property ownership through joint ventures, partnerships and other arrangements which may limit control of the underlying investments; epidemics or pandemics including measures taken to limit their spread, the impacts on us, our business, our clients, and the economy generally; the loss of key personnel; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers and acquisitions including from the merger with Spirit Realty Capital, Inc.; 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. 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 update forward-looking statements or publicly release the results of any 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 (O) for August 2024?

Realty Income declared a dividend amount of $0.2630 per share for August 2024.

When is the dividend payable for Realty Income (O) stockholders?

The dividend is payable on August 15, 2024.

What record date must shareholders meet to receive Realty Income's (O) August 2024 dividend?

Shareholders must be on record as of August 1, 2024, to receive the dividend.

How many consecutive monthly dividends has Realty Income (O) declared?

Realty Income has declared 649 consecutive monthly dividends.

What is the annualized dividend amount for Realty Income (O) in 2024?

The annualized dividend amount for 2024 is $3.156 per share.