Realty Income Corporation Declares Common Stock Dividend

Realty Income Corporation, a leading real estate company listed on the New York Stock Exchange, has announced the declaration of its common stock dividend. The dividend of $0.1439375 per share will be payable on November 15, 2010, to shareholders of record as of November 1, 2010. This marks the 484th consecutive monthly dividend declared by the company, which has been a hallmark of its business since its listing on the NYSE in 1994.

Key Takeaways:

• Realty Income has declared a common stock dividend of $0.1439375 per share, payable on November 15, 2010, to shareholders of record as of November 1, 2010.
• The annualized amount of the dividend is $1.72725 per share.
• The company's Board of Directors also declared dividends on the Monthly Income Class D and Class E preferred stock, with monthly dividend amounts of $0.1536459 and $0.140625 per share, respectively.
• The Company has increased the dividend 59 times since its listing on the NYSE in 1994.
• Realty Income has been a dependable source of monthly income for shareholders, with 2,300 properties owned under long-term lease agreements with regional and national retail chains and other commercial enterprises.

Statistics:

• 484 consecutive monthly dividends declared by Realty Income since its listing on the NYSE in 1994.
• 59 dividend increases since Realty Income's listing on the NYSE in 1994.
• Annualized dividend for common stock: $1.72725 per share.
• Monthly dividend amount for Class D preferred stock: $0.1536459 per share.
• Monthly dividend amount for Class E preferred stock: $0.140625 per share.
• Number of properties owned by Realty Income: over 2,300.

Sources:

• Realty Income Corporation's press release, declared dividend of $0.1439375 per share on November 1, 2010.