638 consecutive distributions from Realty Income

Realty Income Corporation (Realty Income, NYSE: O), announced last week that its board of directors has declared its 638th consecutive monthly stock dividend. The dividend amount of $0.2555 per share, representing an annual amount of $3.066 per share, will be paid on September 15, 2023 to shareholders of record as of September 1, 2023. The ex-dividend date for the September dividend is August 31, 2023.

About Realty Income

Realty Income, is an S&P 500 company and a member of the S&P 500 Dividend Aristocrats® Index. Realty Income invests in people and places to deliver reliable monthly dividends that increase over time. The Company is structured as a real estate investment trust (“REIT”) and its monthly distributions are supported by the cash flow from over 13,100 properties owned primarily under long-term net leases with commercial customers.

To date, the company has paid 638 consecutive monthly dividends on its common stock over its 54-year operating history and increased its dividend 121 times since Realty Incomes’ 1994 IPO (NYSE: O).

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