Realty Income Corporation Declares Common Stock Dividend

Realty Income Corporation, a New York Stock Exchange real estate company, has announced that its Board of Directors has declared a common stock dividend of $0.142375 per share, payable on August 17, 2009 to shareholders of record as of August 3, 2009. This represents an annualized amount of $1.7085 per share. The Company has a long history of providing dependable monthly income, declaring 469 consecutive common stock monthly dividends throughout its 40-year operating history.

Key Takeaways:

  • Realty Income Corporation declared a common stock dividend of $0.142375 per share, payable on August 17, 2009, to shareholders of record as of August 3, 2009.
  • The dividend represents an annualized amount of $1.7085 per share.
  • The Company has a 40-year operating history of providing dependable monthly income.
  • Realty Income has declared 469 consecutive common stock monthly dividends.
  • The Company has increased the dividend 54 times since listing on the New York Stock Exchange in 1994.
  • The monthly income is supported by cash flow from over 2,300 retail properties owned under long-term lease agreements with leading regional and national retail chains.

Statistics:

  • Dividend amount: $0.142375 per share
  • Annualized dividend amount: $1.7085 per share
  • Number of consecutive common stock monthly dividends: 469
  • Number of times dividend increased: 54
  • Number of retail properties: over 2,300
  • Years operating history: 40

Sources:

  • Realty Income Corporation's press release (no date provided)
  • Note to Editors: Realty Income press releases are available at no charge by calling our toll-free investor hotline number: 888-811-2001, or through the Internet at http://www.realityincome.com