Realty Income Corporation (NYSE:O) Plans Monthly Dividend of $0.27

Realty Income Corporation (NYSE:O) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, May 29th will be paid a dividend of 0.2705 per share by the real estate investment trust on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, May 29th.

Realty Income has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Realty Income has a dividend payout ratio of 214.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Realty Income to earn $4.59 per share next year, which means the company should continue to be able to cover its $3.24 annual dividend with an expected future payout ratio of 70.6%.

Realty Income Price Performance

Shares of NYSE:O opened at $61.94 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $57.76 billion, a PE ratio of 50.77, a P/E/G ratio of 4.83 and a beta of 0.75. Realty Income has a twelve month low of $54.52 and a twelve month high of $67.93. The company has a 50-day moving average price of $63.08 and a two-hundred day moving average price of $60.86.

Realty Income (NYSE:O) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts forecast that Realty Income will post 4.42 EPS for the current year.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.