Realty Income (O) Rewards Investors With 125th Dividend Hike
ORealty Income(O) zacks.com·2024-05-21 00:41

Realty Income Corporation (O) announced an increase in its common stock monthly cash dividend to 26.25 cents per share from 25.70 cents paid out earlier. This marked its 125th dividend hike since its listing on the NYSE in 1994. The increased dividend will be paid out on Jun 14 to shareholders of record as of Jun 3, 2024. The latest dividend rate marks an annualized amount of 3.150persharecomparedwiththepriorrateof3.150 per share compared with the prior rate of 3.084. Based on the company’s share price of $55.13 on May 17, the latest hike resu ...