Realty Income Announces 2020 Common Stock Dividend Tax Allocation

Rhea-AI Summary

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.

Positive

• Consistent monthly dividend payments with 607 consecutive declarations.
• Historical dividend increase of 109 times since public listing in 1994.
• Strong positioning as a reliable monthly income provider backed by cash flow from over 6,500 properties.

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• None.

SAN DIEGO, Jan. 27, 2021 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced the final calculation of the dividend tax status for its 2020 common stock dividends. A portion of the common stock dividend is considered a non-taxable distribution. The tax attributes of the common stock dividends paid per share are outlined below:

 

Total Common Dividends Paid in 2020	$ 2.7940000
Ordinary Income Portion of Dividend	$ 2.2798764 (81.60%)
Total Capital Gain Distribution(1)	$ 0.0238401 (0.85%)
Non-taxable Distribution (return of capital)	$ 0.4902835 (17.55%)
(1) Unrecaptured Section 1250 Gain of $0.0164801, or 0.59% of the total common dividends paid in 2020, represents additional characterization of, and is part of, "Total Capital Gain Distribution."

 

Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of any Realty Income dividends received.

About the Company
Realty Income, The Monthly Dividend Company^®, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with commercial tenants. To date, the company has declared 607 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats^® index.  Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

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SOURCE Realty Income Corporation

FAQ

What is the dividend tax status for Realty Income (O) in 2020?

The final tax status includes ordinary income of $2.2799, capital gain distribution of $0.0238, and a non-taxable distribution of $0.4903.

How much total common dividends did Realty Income pay in 2020?

Realty Income paid a total of $2.794 in common dividends per share in 2020.

How often are dividends paid by Realty Income (O)?

Realty Income is known for its monthly dividend payments.

What portion of Realty Income's 2020 dividends was non-taxable?

In 2020, the non-taxable distribution amounted to $0.4903, representing 17.55% of the total dividends.

How many consecutive monthly dividends has Realty Income declared?

Realty Income has declared 607 consecutive monthly dividends.