Realty Income Corporation Declares Dividend Boost of 1.5% for Shareholders

Realty Income Corporation Declares Dividend Boost of 1.5% for Shareholders



In a significant move for its investors, Realty Income Corporation (Realty Income, NYSE: O), known as The Monthly Dividend Company®, has announced an increase in its cash dividend from $0.264 to $0.268 per share. This adjustment reflects a 1.5% rise, reinforcing the company's ongoing commitment to delivering consistent monthly dividends.

The latest dividend is set to be paid on March 14, 2025, to those shareholders who are on record as of March 3, 2025. This marks an impressive milestone as it represents the 129th dividend increase since the company first listed on the New York Stock Exchange in 1994. This latest change brings the annualized dividend amount to $3.216, up from the previous amount of $3.168.

Sumit Roy, the President and CEO of Realty Income, expressed pride in the company's ability to deliver dividends that not only remain consistent but also grow over time. Roy highlighted that this is the 110th consecutive quarter of dividend increases since their NYSE debut and reflects a substantial 656-month streak of monthly dividends throughout the company’s 56 years of operation. He noted, "The stable cash flow of our diversified portfolio of assets supports Realty Income's commitment to providing stockholders monthly dividends that grow over time."

Realty Income prides itself on its extensive portfolio, which includes over 15,450 properties across all fifty states of the U.S., as well as locations in the United Kingdom and six other European countries. The company, founded in 1969, has built a reputation as a reliable partner to some of the world’s leading companies. As a member of the S&P 500 Dividend Aristocrats index, Realty Income has demonstrated remarkable resilience by increasing its dividends for 30 consecutive years.

As investors navigate the complexities of the financial market, Realty Income's commitment to raising dividends provides a layer of stability and predictability. Many investors actively seek out companies that offer consistent dividend payments as a source of passive income, and Realty Income has established itself as a leader in this sector.

Despite external economic pressures and uncertainties affecting many sectors, Realty Income's diversified investments help minimize risks and ensure continued cash flow. This strategic positioning has become a vital component of the company's formula for success, allowing it to provide reliable returns to its shareholders.

Moving forward, Realty Income remains focused on its mission to enhance shareholder value through dependable dividend payments while continuing to explore growth opportunities across its real estate portfolio. This latest dividend increase is more than just a financial adjustment; it is a reaffirmation of the company’s stature as a solid investment in today's ever-evolving market.

Investors are encouraged to keep an eye on Realty Income as it continues to deliver on its promise of consistent and increasing dividends. For more information on the company’s performance and future outlook, shareholders can visit www.realtyincome.com.

With its impressive track record and steadfast commitment to its stakeholders, Realty Income Corporation exemplifies a model for success in the realm of dividend investment, making it an attractive option for those seeking financial growth through dividends.

Topics Financial Services & Investing)

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