Realty Income Corporation (NYSE:O – Get Free Report) declared a monthly dividend on Tuesday, August 18th. Stockholders of record on Monday, August 31st will be paid a dividend of 0.271 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Monday, August 31st.
Realty Income has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 31 consecutive years. Realty Income has a payout ratio of 215.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Realty Income to earn $4.60 per share next year, which means the company should continue to be able to cover its $3.25 annual dividend with an expected future payout ratio of 70.7%.
Realty Income Price Performance
Shares of O opened at $63.00 on Thursday. The business’s 50-day moving average is $63.16 and its 200-day moving average is $63.15. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The company has a market capitalization of $59.61 billion, a price-to-earnings ratio of 45.99, a P/E/G ratio of 4.42 and a beta of 0.71. Realty Income has a fifty-two week low of $55.86 and a fifty-two week high of $67.93.
More Realty Income News
Here are the key news stories impacting Realty Income this week:
- Positive Sentiment: Data centers could become a major growth catalyst. Recent analysis highlights Realty Income’s push into data-center real estate as a potentially scalable business line that could diversify the company beyond traditional net-lease properties. The strategy may improve long-term growth prospects if Realty Income can secure attractive assets and customers. Realty Income: Data Center Vertical A Major Catalyst Now
- Positive Sentiment: Realty Income declared its 674th consecutive monthly dividend. The $0.2710-per-share payment is scheduled for September 15, 2026, for shareholders of record on August 31. The annualized payout is $3.252 per share, implying a yield of approximately 5.2% based on the recent share price. The long record of uninterrupted monthly payments supports the stock’s reputation as an income investment. Realty Income Announces 674th Consecutive Common Stock Monthly Dividend
- Positive Sentiment: Long-term payout growth remains a key attraction. Coverage notes that Realty Income has increased its distribution for 31 consecutive years, while monthly payments provide regular cash flow and allow investors to reinvest more frequently. Realty Income Yields 5.2%. Here’s Why the Payout Keeps Growing.
- Neutral Sentiment: The data-center expansion could require significant investment and successful execution, making the expected growth opportunity longer term rather than an immediate earnings catalyst. The stock’s ex-dividend date is August 31, so the share price may adjust around that date.
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.
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