Realty Income Corporation (NYSE:O – Get Free Report) declared a monthly dividend on Tuesday, July 7th. Stockholders of record on Friday, July 31st will be given a dividend of 0.271 per share by the real estate investment trust on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Friday, July 31st.
Realty Income has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 31 consecutive years. Realty Income has a dividend payout ratio of 215.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research 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 Stock Up 1.3%
NYSE:O opened at $64.00 on Wednesday. The stock has a 50-day simple moving average of $61.99 and a 200 day simple moving average of $62.03. Realty Income has a 52-week low of $55.86 and a 52-week high of $67.93. The company has a market cap of $59.68 billion, a PE ratio of 52.46, a PEG ratio of 4.93 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.
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.
Further Reading
- Five stocks we like better than Realty Income
- Industrials Are Leading in 2026, But These ETFs Take Different Routes
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter.
