Realty Income Announces 655th Consecutive Common Stock Monthly Dividend

Rhea-AI Summary

Realty Income (NYSE: O) has announced its 655th consecutive monthly dividend of $0.2640 per share, equating to an annualized amount of $3.168 per share. The dividend is payable on February 14, 2025 to stockholders of record as of February 3, 2025.

Known as 'The Monthly Dividend Company®', Realty Income is an S&P 500 company with a portfolio spanning over 15,450 properties across all 50 U.S. states, the UK, and six European countries. The company has maintained its track record of increasing dividends for 30 consecutive years, earning its place in the S&P 500 Dividend Aristocrats® index.

Positive

• 655 consecutive monthly dividends demonstrates exceptional dividend reliability
• Portfolio diversification across 15,450 properties in multiple countries reduces risk
• 30-year track record of dividend increases shows strong financial stability
• S&P 500 Dividend Aristocrats® membership validates dividend growth consistency

Negative

• None.

SAN DIEGO, Jan. 14, 2025 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced that it has declared the 655^th consecutive common stock monthly dividend. The dividend amount of $0.2640 per share, representing an annualized amount of $3.168 per share, is payable on February 14, 2025 to stockholders of record as of February 3, 2025.

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of over 15,450 properties in all 50 U.S. states, the U.K., and six other countries in Europe. We are known as "The Monthly Dividend Company^®," and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 655 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats^® index for having increased our dividend for the last 30 consecutive years. Additional information about the company can be found at www.realtyincome.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. When used in this press release, the words "estimated," "anticipated," "expect," "believe," "intend," "continue," "should," "may," "likely," "plans," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business and portfolio; cash flows; the intentions of management; and dividends, including the amount, timing and payment of dividends related thereto. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms and partners of such funding); continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' solvency, client defaults under leases, increased client bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments, and potential damages from natural disasters; impairments in the value of our real estate assets; changes in domestic and foreign income tax laws and rates; property ownership through joint ventures, partnerships and other arrangements which may limit control of the underlying investments; epidemics or pandemics, including measures taken to limit their spread, the impacts on us, our business, our clients, and the economy generally; the loss of key personnel; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers and acquisitions including from the merger with Spirit Realty Capital, Inc.; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release and forecasts made in the forward-looking statements discussed in this press release might not materialize. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

View original content to download multimedia:https://www.prnewswire.com/news-releases/realty-income-announces-655th-consecutive-common-stock-monthly-dividend-302350882.html

SOURCE Realty Income Corporation

FAQ

What is Realty Income's (O) latest monthly dividend amount for February 2025?

Realty Income's monthly dividend for February 2025 is $0.2640 per share, representing an annualized amount of $3.168 per share.

When is the payment date for Realty Income's (O) February 2025 dividend?

The dividend payment date is February 14, 2025, for stockholders of record as of February 3, 2025.

How many consecutive monthly dividends has Realty Income (O) paid?

Realty Income has paid 655 consecutive monthly dividends, maintaining a consistent dividend payment track record.

How many properties does Realty Income (O) currently own in its portfolio?

Realty Income owns over 15,450 properties spread across all 50 U.S. states, the UK, and six other European countries.

For how many consecutive years has Realty Income (O) increased its dividend?

Realty Income has increased its dividend for 30 consecutive years, qualifying it for the S&P 500 Dividend Aristocrats® index.