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Real estate industry

Realty Income Corporation Declares Common Stock Dividend of $0.14425 per Share

Strategic Insights

— 1 min read

Realty Income Corporation, a leading real estate investment trust (REIT) focused on providing dependable monthly income to shareholders, has declared a common stock dividend of $0.14425 per share. The dividend represents an annualized amount of $1.731 per share and will be payable on March 15, 2011, to shareholders of record as of March 1, 2011. This dividend declaration marks the company's 488th consecutive common stock monthly dividend, solidifying its commitment to delivering stable income to investors.

Key Takeaways:

  • Realty Income Corporation has declared a common stock dividend of $0.14425 per share, payable on March 15, 2011.
  • The dividend represents an annualized amount of $1.731 per share.
  • The company has declared 488 consecutive common stock monthly dividends throughout its 42-year operating history.
  • Realty Income has increased the dividend 60 times since its listing on the New York Stock Exchange in 1994.
  • The company has a portfolio of approximately 2,500 properties owned under long-term lease agreements with regional and national retail chains and other commercial enterprises.
  • Realty Income is an active buyer of commercial properties nationwide.
  • The company's dividend is supported by cash flow from its extensive property portfolio.

Statistics:

  • Common stock dividend declared: $0.14425 per share.
  • Annualized amount of common stock dividend: $1.731 per share.
  • Consecutive common stock monthly dividend payments: 488.
  • Operating history in years: 42.
  • Number of times the dividend has been increased: 60.
  • Number of properties in Realty Income's portfolio: approximately 2,500.
  • Number of regional and national retail chains and commercial enterprises leasing properties from Realty Income: numerous.

Sources:

  • Realty Income Corporation online press release, "Realty Income Corporation Declares Common Stock Dividend," February 28, 2011.
  • Realty Income Corporation investor hotline number: 888-811-2001.
  • Realty Income Corporation website: http://www.realtyincome.com.

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