Summary
RY6 Chart
Realty Income: Rock Solid Dividend And Upside Potential
Realty Income is a best-in-class retail REIT with high occupancy, long lease durations, and a strong, diversified tenant base. The 5.7% monthly dividend is well-covered by AFFO, offering one of the safest yields in the sector despite a higher payout ratio than peers. Consistent property acquisitions drive robust AFFO growth, supporting ongoing dividend increases and portfolio expansion.
Realty Income Is Better Than Simon Property After U.S. Credit Rating Downgrade
Recent macroscopic uncertainties have culminated in the downgrade of the U.S. credit rating. These developments have caused interest rates to rise, making the valuations of the overall REIT sector attractive. Despite sector-wide attractive valuations, I urge caution and favor REITs like O with lower leverage and proven performance through economic cycles.
Why Is Realty Income Corp. (O) Down 1.4% Since Last Earnings Report?
Realty Income Corp. (O) reported earnings 30 days ago. What's next for the stock?
Realty Income Corporation Dividends
 O 1 weeks ago Announced | Monthly | $0.27 Per Share |
| O 1 month ago Paid | Monthly | $0.27 Per Share |
| O 2 months ago Paid | Monthly | $0.27 Per Share |
| O 3 months ago Paid | Monthly | $0.27 Per Share |
| O 4 months ago Paid | Monthly | $0.26 Per Share |
Realty Income Corporation Earnings
| 5 May 2025 Date | | 0.33 Cons. EPS | 0.28 EPS |
| 25 Feb 2025 Date | | 0.39 Cons. EPS | 0.22 EPS |
| 18 Feb 2025 Date | | - Cons. EPS | - EPS |
| 4 Nov 2024 Date | | 0.36 Cons. EPS | 0.3 EPS |
| 5 Aug 2024 Date | | 0.36 Cons. EPS | 0.29 EPS |
| O 1 weeks ago Announced | Monthly | $0.27 Per Share |
| O 1 month ago Paid | Monthly | $0.27 Per Share |
| O 2 months ago Paid | Monthly | $0.27 Per Share |
| O 3 months ago Paid | Monthly | $0.27 Per Share |
| O 4 months ago Paid | Monthly | $0.26 Per Share |
| 5 May 2025 Date | | 0.33 Cons. EPS | 0.28 EPS |
| 25 Feb 2025 Date | | 0.39 Cons. EPS | 0.22 EPS |
| 18 Feb 2025 Date | | - Cons. EPS | - EPS |
| 4 Nov 2024 Date | | 0.36 Cons. EPS | 0.3 EPS |
| 5 Aug 2024 Date | | 0.36 Cons. EPS | 0.29 EPS |
Realty Income Corporation (RY6) FAQ
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Does it pay dividends? What is the current yield?
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Has Realty Income Corporation ever had a stock split?
Realty Income Corporation Profile
| REIT - Retail Industry | Real Estate Sector | Mr. Sumit Roy CEO | XBER Exchange | US7561091049 ISIN |
| US Country | 468 Employees | 2 Jun 2025 Last Dividend | 15 Nov 2021 Last Split | 18 Oct 1994 IPO Date |
Overview
Realty Income, known as The Monthly Dividend Company, is a prominent member of the S&P 500 and the S&P 500 Dividend Aristocrats index, setting a high standard in the real estate investment trust (REIT) sector. In its commitment to delivering dependable, increasing monthly dividends, Realty Income invests in both people and places. Operating for over 55 years, the company has managed to declare 644 consecutive monthly dividends on its common stock and has increased its dividend 123 times since its public listing in 1994. This exemplary performance is underpinned by the company's acquisition of more than 15,450 real estate properties, which are primarily leased to commercial clients under long-term net lease agreements. This robust portfolio of properties, including those acquired in the Spirit merger in January 2024, provides a strong and stable cash flow which supports the company’s monthly dividend payments to its shareholders.
Products and Services
- Monthly Dividend Payments
- Long-Term Net Lease Agreements
- Real Estate Investment Trust (REIT) Structure
At the core of Realty Income's offerings is its commitment to providing shareholders with reliable, monthly dividends. This unique investment approach distinguishes Realty Income in the real estate sector, appealing to investors looking for regular income. The dividends, supported by the consistent cash flow from its extensive real estate portfolio, have seen an increase over time, showcasing the company’s robust financial health and dedication to shareholder value.
Realty Income's real estate assets are primarily leased under long-term net lease agreements. These agreements typically require the tenant to pay most, if not all, of the property expenses that normally would be paid by the property owner. Such expenses include real estate taxes, insurance, and maintenance. This leasing strategy significantly reduces Realty Income's operational risks and generates a steady, predictable revenue stream, which in turn supports its monthly dividend payments.
Structured as a Real Estate Investment Trust (REIT), Realty Income benefits from a favorable tax treatment, as it is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. This structure aligns with Realty Income's commitment to maximize shareholder returns through regular dividend payments. The REIT status also allows investors to gain exposure to real estate, diversifying their investment portfolios without the need to directly manage properties.
Contact Information
