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.
Realty Income Corporation (NYSE: O) has declared its 628th consecutive monthly dividend of $0.248 per share, amounting to an annualized total of $2.976. This dividend will be paid on November 15, 2022 to stockholders on record as of November 1, 2022. The ex-dividend date is set for October 31, 2022. Realty Income, known as The Monthly Dividend Company®, continues to maintain its status as a member of the S&P 500 Dividend Aristocrats with a history of increasing dividends, having done so 117 times since its public listing in 1994.
On October 3, 2022, Realty Income Corporation (NYSE: O) announced the pricing of a public offering of $750 million in 5.625% senior unsecured notes maturing on October 13, 2032. The offering price was set at 99.879% of the principal, yielding an effective semi-annual yield of 5.641%. Concurrently, the company executed a $600 million cross currency swap, expecting to realize approximately €612 million, and reported a cash settlement gain of $72 million from terminated interest rate swaps. Net proceeds are aimed at general corporate purposes, including debt repayment and property development.
Realty Income Corporation (NYSE: O) will release its operating results for the quarter ending September 30, 2022, after market close on November 2, 2022. The company will host a conference call on November 3, 2022, at 11:30 a.m. PT to discuss the results. Realty Income, known as The Monthly Dividend Company®, is a member of the S&P 500 Dividend Aristocrats index and has consistently paid monthly dividends for 53 years, declaring 627 consecutive monthly dividends and increasing them 117 times since its public listing in 1994.
Realty Income Corporation (NYSE: O) declared a monthly cash dividend increase to $0.248 per share from $0.2475, effective October 14, 2022. This marks the 117th increase since its NYSE listing in 1994. Shareholders on record as of October 3, 2022 will receive the new dividend, with an ex-dividend date of September 30, 2022. The annualized dividend now stands at $2.976 per share compared to the previous $2.97.
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.
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%.
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.
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.
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.
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.
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