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) reported its operating results for Q2 2021, showing net income per share at $0.33 and normalized FFO per share at $0.88. The company invested $1.13 billion across 156 properties, with significant acquisitions in the U.K. They raised $457.5 million from common stock sales and issued £400 million in green bonds. The rental collection rate reached 99.4%. Realty Income updated its 2021 AFFO guidance to $3.53 - $3.59 per share and acquisition guidance to approximately $4.5 billion. The portfolio remains strong with a 98.5% occupancy rate.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, has declared its 613th consecutive monthly dividend of $0.2355 per share, translating to an annualized amount of $2.826 per share. This dividend is scheduled for payment on August 13, 2021, to shareholders on record as of August 2, 2021, with an ex-dividend date of July 30, 2021. Realty Income continues its commitment to delivering reliable monthly income to shareholders, having increased dividends 111 times since its public listing in 1994.
Realty Income Corporation (NYSE: O) announced the pricing of its inaugural green bond offering, totaling £750 million. This includes £400 million in 1.125% senior unsecured notes due July 13, 2027, and £350 million in 1.750% senior unsecured notes due July 13, 2033, with yields of 1.242% and 1.757%, respectively. The net proceeds will finance eligible green projects as per its green financing framework. The offering is set to close on July 13, 2021, and the firm has identified approximately £300 million in potential green projects.
Realty Income Corporation (NYSE: O) has successfully closed a public offering of 9,200,000 shares of common stock, raising approximately $594 million before expenses. This includes the full exercise of an underwriters' option to buy 1,200,000 additional shares. The proceeds will primarily be used to repay borrowings under its $3.0 billion revolving credit facility and/or $1.0 billion commercial paper program, with potential funding for investment opportunities and general corporate purposes.
Realty Income Corporation (NYSE: O) announces it will release its Q2 operating results on August 2, 2021, after market close. A conference call to discuss these results is scheduled for August 3, 2021, at 11:30 a.m. PT. Investors can join via dial-in or access a live webcast on the company’s website. Realty Income continues to offer dependable monthly dividends backed by cash flow from over 6,600 properties. It has declared 612 consecutive monthly dividends and has increased its dividend 111 times since going public in 1994.
Realty Income Corporation (NYSE: O) announced the pricing of an underwritten public offering of 8,000,000 shares of common stock, aiming for gross proceeds of approximately $519 million. The offering is set to close on July 6, 2021, with underwriters granted a 30-day option for an additional 1,200,000 shares. Proceeds will primarily repay borrowings under its $3.0 billion revolving credit facility and $1.0 billion commercial paper program, while also funding potential investments and general corporate purposes.
Realty Income Corporation (NYSE: O) announced a public offering of 7,250,000 shares of common stock, with an additional 1,087,500 shares subject to a 30-day underwriter option. The proceeds will be used to repay borrowings under its $3.0 billion revolving credit facility and $1.0 billion commercial paper program, as well as to fund investment opportunities and general corporate purposes. The offering was managed by Wells Fargo Securities and Morgan Stanley and follows a Registration Statement filed with the SEC.
Realty Income Corporation (NYSE: O) has announced a monthly cash dividend increase to $0.2355 per share from $0.235, effective July 15, 2021. This marks the 111th dividend increase since the company became publicly listed in 1994. The new annualized dividend totals $2.826 per share, slightly up from $2.82. Shareholders of record by July 1, 2021, will be eligible, with an ex-dividend date of June 30, 2021. Realty Income has made 612 consecutive monthly payments in its 52-year history.
Realty Income announced its 611th consecutive monthly dividend of $0.235 per share, equating to an annualized $2.82 per share. This dividend will be paid on June 15, 2021 to shareholders of record as of June 1, 2021, with an ex-dividend date of May 28, 2021. The company, a member of the S&P 500 Dividend Aristocrats®, has a robust history of providing consistent monthly income through its extensive portfolio of over 6,600 properties.
Realty Income Corporation (NYSE: O) announced the appointment of Jacqueline Brady as an independent member of its Board of Directors, effective immediately, expanding the Board to ten members. Brady brings extensive experience in global debt solutions, currently serving as Managing Director with PGIM Real Estate. Her expertise in real estate and capital markets is expected to support Realty Income's strategic growth. The company has maintained a strong history of consistent monthly dividend payments, having declared 611 consecutive dividends over 52 years.
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