STOCK TITAN

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.

Rhea-AI Summary

Realty Income Corporation (NYSE: O) has declared its 626th consecutive common stock monthly dividend of $0.2475 per share, an annualized amount of $2.97 per share. This dividend will be payable on September 15, 2022 to stockholders of record as of September 1, 2022. The ex-dividend date is August 31, 2022. As a member of the S&P 500 Dividend Aristocrats, Realty Income emphasizes its commitment to delivering dependable monthly dividends which have increased 116 times since its public listing in 1994.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
dividends
-
Rhea-AI Summary

Orion Office REIT Inc. (ONL) reported second-quarter results for 2022, revealing total revenue of $52.8 million and Core FFO of $26.8 million or $0.47 per share. The company secured 206,000 square feet of lease extensions and completed the sale of two properties for $9.2 million, with agreements in place to sell six additional properties totaling $18.9 million. The net loss attributable to common stockholders was $(15.6 million), or $(0.27) per share. Orion maintains a portfolio occupancy rate of 86.7%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
-
Rhea-AI Summary

Realty Income Corporation (NYSE: O) reported strong operating results for Q2 2022, with net income per share at $0.37 and normalized FFO per share rising by 15.9% to $1.02. The company invested $1.68 billion in 237 properties, with a record occupancy rate of 98.9%. Following the sale of properties linked to its VEREIT merger, the estimated proceeds are $120 million. The dividend was increased, marking the 99th consecutive hike, with an annualized rate of $2.970 per share. Realty Income also raised its acquisition guidance for 2022 to over $6 billion, showcasing robust momentum in its investment pipeline.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
Rhea-AI Summary

Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, has launched a $1.5 billion European commercial paper program, increasing its total commercial paper capacity to $3.0 billion. The program allows the company to issue unsecured commercial paper notes in U.S. Dollars and other currencies. Proceeds will be used for general corporate purposes, backed by a $4.25 billion multicurrency revolving credit facility. Realty Income, a prominent REIT, has maintained a solid dividend track record with 625 consecutive monthly dividends.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
none
-
Rhea-AI Summary

Orion Office REIT Inc. (NYSE: ONL) will release its second-quarter 2022 financial results after market close on August 3, 2022. A webcast and conference call to discuss these results will occur at 10:00 a.m. ET on August 4, 2022, hosted by CEO Paul McDowell and CFO Gavin Brandon. Investors can access the call via Orion’s website or by dialing in, with a replay available post-call until August 18, 2022. Orion, focused on single-tenant net lease office properties in the U.S., was founded in July 2021 and began trading on the NYSE in November 2021.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
-
Rhea-AI Summary

Realty Income Corporation (NYSE: O) has declared its 625th consecutive monthly dividend of $0.2475 per share, equating to an annualized dividend of $2.97. This dividend will be paid on August 15, 2022, to stockholders on record as of August 1, 2022, with an ex-dividend date of July 29, 2022. Realty Income, known as 'The Monthly Dividend Company®', operates as a REIT, boasting over 11,200 properties under long-term leases and a history of 116 dividend increases since its public listing in 1994.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
dividends
Rhea-AI Summary

Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company, announced it will disclose its operating results for the quarter ending June 30, 2022, on August 3, 2022, post-market. A conference call is scheduled for August 4, 2022, at 11:30 a.m. PT to discuss the results. Realty Income, a member of the S&P 500, has a long-standing history of providing dependable monthly dividends supported by over 11,200 real estate properties. The company has declared 624 consecutive common stock monthly dividends since its inception and increased dividends 116 times since its public listing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
-
Rhea-AI Summary

Realty Income Corporation (NYSE: O) has declared an increase in its monthly cash dividend to $0.2475 per share, up from $0.247. This dividend, payable on July 15, 2022, is for stockholders on record as of July 1, 2022. Marking the 116th dividend increase since its NYSE listing in 1994, this adjustment reflects an annualized dividend of $2.97 per share, slightly higher than the previous $2.964. Realty Income continues its tradition of increasing monthly dividends, maintaining a commitment to shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.2%
Tags
dividends
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
dividends
Rhea-AI Summary

Realty Income Corporation (NYSE: O) reported strong operating results for Q1 2022, achieving a net income per share of $0.34 and a 41.7% increase in normalized FFO per share to $1.02. The company invested $1.56 billion in 213 properties and signed an agreement to acquire Encore Boston Harbor Resort for $1.7 billion. The annualized dividend increased to $2.964 per share, marking 115 increases since 1994. Portfolio occupancy stood at 98.6% with substantial ongoing investments and a robust growth outlook.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
Tags
none

FAQ

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

The current stock price of Realty Income Corporation (O) is $56.77 as of November 18, 2024.

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

The market cap of Realty Income Corporation (O) is approximately 49.4B.

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

49.38B
875.21M
0.11%
78.64%
1.87%
REIT - Retail
Real Estate Investment Trusts
Link
United States of America
SAN DIEGO