Realty Income As of September 23, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
O $2.98 0.6% 5.1% 3.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Commercial REIT 4.8% N/A N/A Monthly N/A
Realty Income already announced two small dividend hikes in 2022 | image: dividendhike.com
Realty Income already announced two small dividend hikes in 2022 | image: dividendhike.com

On September 13, 2022,  Realty Income Corporation (O) announced another 0.2% dividend increase to $0.248 monthly per share. The dividend is payable on October 14, 2022, to stockholders of record as of October 3, 2022. This is the 117th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2022. The new monthly dividend represents an annualized dividend amount of $2.976 per share as compared to the prior annualized dividend amount of $2.97 per share.

The dividend yield for Realty Income is 4.6% at a stock price of $64. Dividend Aristocrat Realty Income now pays an estimated $1.79 billion in dividends to shareholders annually.

"I'm pleased that Realty Income can once again increase the amount of the monthly dividend," said Sumit Roy, President and Chief Executive Officer of Realty Income. "Today's dividend declaration represents the 100th consecutive quarterly dividend increase and the 627th consecutive monthly dividend throughout our 53-year operating history."

Realty Income Corporation is a real estate investment trust (REIT) with properties owned under long-term lease agreements with regional and national commercial tenants. The company has tenants active in 48 segments, including Apparel, Automotive tire services, Beverages, Child care, Convenience stores, Dollar stores, Drug stores, Financial services, Food processing, Grocery stores, Health and fitness, Health care, Home improvement, Restaurants-casual dining, Restaurants-quick service, Sporting goods, Theaters, Transportation services and Wholesale club. The company's biggest tenants include Walgreens, 7-Eleven, FedEx, LA Fitness, AMC Theaters and Dollar Tree (including Family Dollar Stores).

Dividend Calendar

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Ex-date Ticker Yield YTD hike
Sep 30 PKG 4.4% 0.0%
Sep 30 O 4.8% 0.6%
Sep 30 STT 4.0% 10.5%
Sep 30 RJF 1.3% 0.0%
Sep 30 CAH 3.0% 1.0%
Sep 30 VTR 4.1% 0.0%
Sep 30 APD 2.8% 8.0%
Sep 30 RSG 1.3% 0.0%
Oct 03 A 0.7% 0.0%
Oct 03 DG 0.9% 31.0%