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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.

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Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, will release its operating results for Q1 2021 on May 3, 2021, after market close. A conference call to discuss these results is scheduled for May 4, 2021, at 11:30 a.m. PT. Realty Income has a strong history of consistent dividends, having declared 609 consecutive monthly dividends since its inception and increasing dividends 110 times since going public in 1994. Investors can access a live webcast of the call or listen to a replay until May 18, 2021.

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Realty Income Corporation (NYSE: O) has declared an increase in its monthly cash dividend from $0.2345 to $0.235 per share, effective April 15, 2021, for shareholders of record as of April 1, 2021. This marks the 110th dividend increase since its NYSE listing in 1994, contributing to a total of 609 consecutive monthly dividend payments. The new dividend equates to an annualized amount of $2.82 per share compared to the previous $2.814 per share.

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Realty Income Corporation (NYSE: O) reported its Q4 and full-year 2020 operating results, showing net income per share of $1.14 for the year and $0.33 for Q4. The company invested $2.31 billion in properties, with a 3.1% increase in dividends paid per share. Despite a 93.6% rent collection rate, net income decreased from $436.5 million in 2019 to $395.5 million in 2020. Realty Income raised $1.85 billion from stock sales and $1.69 billion from notes. Executive changes were noted, and 2021 AFFO per share is projected to be between $3.44 and $3.49.

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Realty Income Corporation (NYSE: O) announced its 608th consecutive monthly dividend of $0.2345 per share, amounting to an annualized rate of $2.814. This dividend will be paid on March 15, 2021, to shareholders of record by March 1, 2021. The ex-dividend date is set for February 26, 2021. Realty Income, known as The Monthly Dividend Company®, operates as a REIT with a portfolio of over 6,500 properties, providing reliable income to investors.

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Realty Income Corporation (NYSE: O) announced the final tax status of its 2020 common stock dividends, totaling $2.794 per share. The breakdown includes an ordinary income portion of $2.2799 (81.60%), a capital gain distribution of $0.0238 (0.85%), and a non-taxable return of capital of $0.4903 (17.55%). Shareholders should consult tax advisors for specific treatment. Realty Income has maintained a reputation for consistent dividends, declaring 607 consecutive monthly dividends and increasing them 109 times since its public listing in 1994.

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Realty Income Corporation (NYSE: O) announced the appointment of Michelle Bushore as EVP, Chief Legal Officer, General Counsel, and Secretary, effective February 8, 2021. Bushore brings extensive experience from her previous role at Caesars Entertainment, enhancing the management team. Current EVP, Michael Pfeiffer, will assist during the transition until June 30, 2021. The company, known as The Monthly Dividend Company, has consistently provided dividends for over 52 years and is a member of the S&P 500 Dividend Aristocrats index.

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Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, will release its operating results for the year ended December 31, 2020, after the market closes on February 22, 2021. A conference call to discuss these results will be held on February 23, 2021, at 11:30 a.m. PT. The company has a strong history of providing monthly dividends, having declared 607 consecutive dividends throughout its 52 years of operation. Realty Income is part of the S&P 500 Dividend Aristocrats® index, showcasing its commitment to reliable income for shareholders.

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Realty Income Corporation (NYSE: O) has declared its 607th consecutive monthly dividend of $0.2345 per share, amounting to an annualized total of $2.814. This dividend is payable on February 16, 2021, for shareholders on record as of February 1, 2021. The ex-dividend date is set for January 29, 2021. Realty Income, known as The Monthly Dividend Company®, is recognized for its reliability in providing consistent monthly income through its extensive portfolio of over 6,500 real estate properties.

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Realty Income Corporation (NYSE: O) announced the closing of a public offering for 12,075,000 shares of common stock, raising approximately $669.6 million after underwriting costs. This includes the exercise of an option for an additional 1,575,000 shares. The proceeds will fund property acquisitions, with agreements totaling approximately $676.8 million in the U.S. and U.K. Furthermore, Realty Income has already acquired properties for about $130.7 million from January 1 to January 8, 2021. Remaining funds may be utilized for working capital or debt repayments.

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FAQ

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

The current stock price of Realty Income Corporation (O) is $52.79 as of December 20, 2024.

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

The market cap of Realty Income Corporation (O) is approximately 45.3B.

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

45.30B
874.26M
0.11%
81.2%
1.76%
REIT - Retail
Real Estate Investment Trusts
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United States of America
SAN DIEGO