Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, has declared a monthly cash dividend increase for its common stock. The dividend will rise from $0.2555 per share to $0.2560 per share.
Key Details for the next Realty Income dividend
Dividend Payment Date: The increased dividend is scheduled to be paid on October 13, 2023, to shareholders of record as of October 2, 2023.
Historical Milestone: This announcement marks the 122nd dividend increase since Realty Income's initial listing on the NYSE in 1994, showcasing the company's dedication to delivering value to its investors.
Ex-Dividend Date: Shareholders who wish to receive the October dividend must be on record by September 29, 2023.
Annualized Dividend: The new monthly dividend, when annualized, amounts to $3.072 per share, compared to the prior annualized dividend of $3.066 per share.
Realty Income Corporation remains committed to its track record of consistent dividend growth. This announcement provides shareholders with another demonstration of the company's dedication to enhancing shareholder returns.
Please note that this release is purely informational, devoid of any advice or opinions, and investors are encouraged to perform their own due diligence or consult financial professionals for investment decisions.