Welcome to our dedicated page for Realty Income news (Ticker: O), a resource for investors and traders seeking the latest updates and insights on Realty Income 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.
Orion Office REIT Inc. (NYSE: ONL), a real estate investment trust focused on single-tenant net lease office properties across the United States, has announced its third quarter 2024 earnings release and webcast dates. The company will release its operating results for the quarter ended September 30, 2024, after market close on Thursday, November 7, 2024.
A webcast and conference call to review the results will be held at 10:00 a.m. ET on Friday, November 8, 2024. The event will be hosted by Paul McDowell, CEO and President, and Gavin Brandon, CFO, EVP, and Treasurer. Investors can access the webcast through Orion's website at onlreit.com/investors. For the conference call, US and Canadian callers should dial 1-877-407-3982, while international callers should use 1-201-493-6780.
A replay of the webcast will be available on Orion's website, and the conference call replay can be accessed from November 8, 2024, at 1:00 p.m. ET until November 22, 2024, at 11:59 p.m. ET using the passcode 13748632.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 652nd consecutive common stock monthly dividend. The dividend amount is set at $0.2635 per share, representing an annualized amount of $3.162 per share. This dividend is payable on November 15, 2024 to stockholders of record as of November 1, 2024.
Realty Income, an S&P 500 company, is a real estate partner to leading companies worldwide. Founded in 1969, the company invests in diversified commercial real estate with a portfolio of 15,450 properties across all 50 U.S. states, the U.K., and six other European countries. As a member of the S&P 500 Dividend Aristocrats® index, Realty Income has increased its dividend for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the release date for its third quarter 2024 earnings. The company will disclose its operating results for the quarter ended September 30, 2024, after market close on November 4, 2024. A conference call to discuss the results is scheduled for November 5, 2024, at 11:00 a.m. PST.
Investors can access the conference call by dialing (833) 816-1264 (United States) or (412) 317-5632 (International). A telephone replay will be available until November 12, 2024. Additionally, a live webcast will be accessible on the company's website, with a replay available approximately one hour after the live broadcast concludes.
Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and has increased its dividend for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has released its annual Sustainability Report for 2023, highlighting its environmental, social, and governance (ESG) initiatives. CEO Sumit Roy emphasized the company's progress in expanding its ESG programs, focusing on:
1. Stakeholder collaboration
2. Strong data foundation
3. Enhanced reporting capabilities
Realty Income's sustainability efforts include:
• Community engagement
• Corporate office improvements
• Supporting clients in renewable energy adoption
As a real estate partner to leading global companies, Realty Income boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and is part of the S&P 500 Dividend Aristocrats® index, having increased dividends for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 127th dividend increase since its 1994 NYSE listing. The company has declared a monthly cash dividend increase from $0.2630 to $0.2635 per share, payable on October 15, 2024, to stockholders of record as of October 1, 2024. This raise brings the annualized dividend to $3.162 per share, up from $3.156. Realty Income has maintained a 651-consecutive monthly dividend streak throughout its 55-year history, with 108 consecutive quarterly increases since its NYSE listing. The company, an S&P 500 member, boasts a diverse portfolio of 15,450 properties across the U.S. and Europe.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the full redemption of its 6.000% Series A Cumulative Redeemable Preferred Stock on September 30, 2024. The company will redeem all 6,900,000 outstanding shares at $25.00 per share, plus accrued and unpaid dividends of approximately $0.3750 per share, for a total payment of about $25.375 per share.
This strategic move aligns with Realty Income's capital management strategy and aims to enhance the efficiency of its funding and balance sheet structure. The final dividend payment date is set for September 30, 2024, with a record date of September 13, 2024. Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S. and Europe, and has declared 650 consecutive monthly dividends to date.
Realty Income (NYSE: O) has priced a public offering of £700 million in sterling-denominated senior unsecured notes. The offering consists of £350 million of 5.000% notes due 2029 and £350 million of 5.250% notes due 2041. The notes have a weighted average tenor of 11.1 years, a weighted average annual yield to maturity of 5.400%, and a weighted average coupon rate of 5.125%.
The net proceeds will be used for general corporate purposes, including debt repayment, property acquisitions, and portfolio improvements. The offering is expected to close on September 4, 2024. Realty Income, known as 'The Monthly Dividend Company®', is an S&P 500 company with a portfolio of 15,450 properties across the U.S., U.K., and six European countries.
Realty Income (NYSE: O) has priced a public offering of $500 million in 5.375% senior unsecured notes due 2054. The notes were priced at 98.374% of the principal amount, yielding an effective semi-annual yield to maturity of 5.486%. The company plans to use the net proceeds for general corporate purposes, including debt repayment, property acquisitions, and potential business combinations. The offering is expected to close on August 26, 2024.
Realty Income, known as 'The Monthly Dividend Company®', is an S&P 500 company with a portfolio of 15,450 properties across the U.S. and Europe. The company has a track record of 650 consecutive monthly dividends and has increased its dividend for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 650th consecutive common stock monthly dividend. The dividend of $0.2630 per share, equating to an annualized amount of $3.156 per share, will be paid on September 13, 2024, to stockholders of record as of September 3, 2024. Additionally, the company declared a quarterly cash dividend of $0.3750 per share for holders of its 6.00% Series A Cumulative Redeemable Preferred Stock, payable on September 30, 2024. Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries, and has increased its dividend for 30 consecutive years.
Orion Office REIT Inc. (NYSE: ONL) reported its Q2 2024 results, highlighting significant leasing activity of 470,000 square feet during the quarter and an additional 55,000 square feet post-quarter. The company has completed 633,000 square feet of leasing year-to-date and 2.4 million square feet since its spin-off. Orion sold one vacant property, bringing total properties sold since spin-off to 18, covering 1.9 million square feet. The company repaid $9.0 million in debt, totaling $158.0 million since spin-off.
Financial highlights include:
- Total revenues: $40.1 million
- Net loss: $(33.8) million, or $(0.60) per share
- Core FFO: $14.2 million, or $0.25 per share
- Adjusted EBITDA: $20.5 million
Orion narrowed its 2024 guidance range for Core FFO to $0.97-$1.01 per share and Net Debt to Adjusted EBITDA to 6.2x-6.6x.