130th Common Stock Monthly Dividend Increase Declared by Realty Income

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Realty Income (NYSE: O) has announced its 130th dividend increase since its NYSE listing in 1994. The company has raised its monthly cash dividend to $0.2685 per share from $0.2680, payable on April 15, 2025, to stockholders of record as of April 1, 2025.

The new dividend represents an annualized amount of $3.222 per share, up from the previous $3.216. This marks the company's 657th consecutive monthly dividend payment, reinforcing its position as 'The Monthly Dividend Company®'. Realty Income's portfolio includes over 15,600 properties across the US, UK, and six European countries.

CEO Sumit Roy emphasized the company's ability to generate consistent cash flow despite market volatility, highlighting their commitment to providing shareholders with dependable returns through their disciplined investment approach.

Positive

• 130th consecutive dividend increase since NYSE listing
• 657 consecutive monthly dividend payments maintained
• Dividend increased to $0.2685 monthly ($3.222 annualized)
• Extensive portfolio of 15,600+ properties across multiple countries
• S&P 500 Dividend Aristocrat status with 30+ years of dividend increases

Negative

• Minimal dividend increase of only $0.0005 per share monthly
• Dividend growth rate may not keep pace with inflation

SAN DIEGO, March 12, 2025 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.2685 per share from $0.2680 per share. The dividend is payable on April 15, 2025, to stockholders of record as of April 1, 2025. This is the 130^th dividend increase since Realty Income's listing on the NYSE in 1994. The new monthly dividend represents an annualized dividend amount of $3.222 per share as compared to the prior annualized dividend amount of $3.216 per share.

"Realty Income's ability to generate consistent, reliable cash flow, even amid periods of market volatility, enables us to continue delivering monthly dividends that increase over time," said Sumit Roy, Realty Income's President and Chief Executive Offer. "Today's dividend declaration marks the 130^th increase since our NYSE listing 30 years ago, underscoring the strength of our business model and our commitment to providing shareholders with dependable returns. Our proven track record of stable growth is a testament to the resilience of our portfolio and our disciplined approach to investing."

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies^®. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of over 15,600 properties in all 50 U.S. states, the U.K., and six other countries in Europe. We are known as "The Monthly Dividend Company^®" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 657 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats^® index for having increased our dividend for the last 30 consecutive years. Additional information about the company can be found at www.realtyincome.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. When used in this press release, the words "estimated," "anticipated," "expect," "believe," "intend," "continue," "should," "may," "likely," "plans," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business and portfolio; our platform; cash flows; clients; the intentions of management; and dividends, including the amount, growth, timing and payment of dividends related thereto. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms and partners of such funding); continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' solvency, client defaults under leases, increased client bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments, and potential damages from natural disasters; impairments in the value of our real estate assets; changes in domestic and foreign income tax laws and rates; property ownership through co-investment ventures, funds, joint ventures, partnerships and other arrangements which may transfer or limit our control of the underlying investments; epidemics or pandemics, including measures taken to limit their spread, the impacts on us, our business, our clients, and the economy generally; the loss of key personnel; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers and acquisitions; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release and forecasts made in the forward-looking statements discussed in this press release might not materialize. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

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SOURCE Realty Income Corporation

FAQ

What is the new monthly dividend amount for Realty Income (NYSE: O) stock?

Realty Income's new monthly dividend is $0.2685 per share, payable on April 15, 2025.

How many consecutive dividend increases has Realty Income (O) achieved since NYSE listing?

Realty Income has achieved 130 dividend increases since its NYSE listing in 1994.

What is the new annualized dividend amount for Realty Income stock?

The new annualized dividend amount is $3.222 per share, increased from $3.216 per share.

How many consecutive monthly dividends has Realty Income (NYSE: O) paid?

Realty Income has declared 657 consecutive monthly dividends since its founding.

How many properties does Realty Income's portfolio include in 2025?

Realty Income's portfolio includes over 15,600 properties across the US, UK, and six European countries.