Realty Income Corp Declares 652nd Monthly Dividend Payout

Realty Income Corporation Announces Dividend Milestone

Realty Income Corporation, known for its stable dividend payments, has recently declared its 652nd consecutive monthly common stock dividend. This shows the company's commitment to rewarding its shareholders diligently. The dividend for this month is set at $0.2635 per share, which translates to an impressive annualized rate of $3.162 per share, showcasing Realty Income’s consistent growth trajectory.

Details of the Dividend Declaration

This monthly dividend will be payable on a date that is just around the corner, reinforcing Realty Income’s reputation for dependability. Stockholders registered as of the stipulated record date will be eligible to receive this payout, demonstrating the company's reliable income stream that is an attractive factor for many investors.

About Realty Income Corporation

Established in 1969, Realty Income Corporation (NYSE: O) is a reputable name in the real estate investment sector. The company proudly claims partnership with some of the world's leading firms, emphasizing its role as a significant player in commercial real estate investment. The firm's impressive portfolio spans over 15,450 properties, strategically located across 50 states in the U.S. as well as in the U.K. and other parts of Europe.

The Monthly Dividend Company

Realty Income is often recognized as “The Monthly Dividend Company.” This title reflects their mission of providing stockholders with reliable and steadily increasing monthly dividends. With each passing year, Realty Income has demonstrated its commitment to maintaining a robust dividend schedule, increasing its payout for an impressive 30 consecutive years. Such reliability has earned the company a prestigious position among the S&P 500 Dividend Aristocrats, attracting both seasoned investors and newcomers alike.

Significance of the Consistent Dividends

The continuation of these monthly dividends not only speaks volumes about the company's operational efficiency but also signifies a strong commitment to its investor base. The company’s history of dividend payments highlights its resilience and the effective management strategies in place. Investors value the reliability and regularity of a monthly income, especially in fluctuating market conditions.

Looking Ahead for Realty Income

As Realty Income Corporation progresses into the future, it remains focused on expanding its extensive portfolio while ensuring its dividends align with the performance and growth of its commercial real estate investments. The steadfast commitment to its investor community will likely further solidify its reputation in the real estate investment trust (REIT) space.

Frequently Asked Questions

1. What is Realty Income Corporation known for?

Realty Income Corporation is recognized for providing consistent monthly dividends and its extensive portfolio of commercial real estate investments.

2. How many consecutive monthly dividends has Realty Income declared?

Realty Income recently announced its 652nd consecutive common stock monthly dividend.

3. What is the amount of the recent dividend declared by Realty Income?

The recent monthly dividend is set at $0.2635 per share, amounting to an annualized rate of $3.162 per share.

4. When will the dividend be payable?

The dividend is payable on a date specified in the announcement, to stockholders recorded as of the set record date.

5. Why is Realty Income considered reliable for dividends?

Realty Income has a strong history of increasing its monthly dividend for 30 consecutive years, showcasing its resilience and commitment to shareholders.

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