Dividend Aristocrat Realty Income Corporation (O) recently announced its 107th common stock monthly dividend increase, since 1994. The company will now pay $0.2350 per share compared with the previous monthly dividend of $0.2330.
The increased dividend will be paid on July 15, to shareholders on record as of July 1, 2020. The new annual dividend is $2.802 per share versus the prior rate of $2.796 per share. Based on the company’s share price of $60.50 on June 12th, the dividend yield is around 4.8%.
The stock price of Realty Income Corporation (O) is having a difficult time due to the corona-virus and is YTD down more than 16.36% but recovered from a -40% dip, as the chart below shows.