Realty Income raises dividend by 0.20%, its 122nd monthly increase

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company’s common stock monthly cash dividend to $0.2560 per share from $0.2555 per share. The dividend is payable on October 13, 2023, to stockholders of record as of October 2, 2023. This is the 122nd dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for October’s dividend is September 29, 2023. The new monthly dividend represents an annualized dividend amount of $3.072 per share as compared to the prior annualized dividend amount of $3.066 per share.

“Core to Realty Income’s mission is providing our stockholders with dependable monthly dividends that increase over time. I’m pleased Realty Income will once again increase our monthly dividend for the 104th consecutive quarter,” said Sumit Roy, President and Chief Executive Officer of Realty Income. “With the payment of our 639th consecutive monthly dividend in October, we remain committed to this goal.”

Realty Income