Realty Income Corporation (NYSE: O), announced an increase in the company’s common stock monthly cash dividend to $0.227 per share from $0.2265 per share, representing a 0.2% increase. This is the 103rd dividend increase since Realty Income’s listing on the NYSE in 1994 and 27th-year consecutive increase. Furthermore, there are only 39 companies that pay monthly dividends in the US.
The new monthly dividend represents an annualized dividend amount of $2.724 per share as compared to the current annualized dividend amount of $2.718 per share. The current dividend yield is around 3.6%.
Source: Q2 2019 Investor Presentation, page 13
Below Realty Annualized Dividends:
Dividend Increases Chart
