Realty Income (O) increases dividend by 0.19% marking 106 quarters of consecutive increases

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 $0.2570 per share from $0.2565 per share. The dividend is payable on April 15, 2024, to stockholders of record as of April 1, 2024. This is the 124th dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for April’s dividend is March 29, 2024. The new monthly dividend represents an annualized dividend amount of $3.084 per share as compared to the prior annualized dividend amount of $3.078 per share.

“We remain dedicated to Realty Income’s mission of providing stockholders with a dependable monthly dividend that increases over time,” said Sumit Roy, President and Chief Executive Officer of Realty Income. “This is the 106th consecutive quarter that we have declared a dividend increase since our 1994 NYSE listing and today’s declaration represents the 645th consecutive monthly dividend throughout our 55-year operating history.”

Realty Income Corporation