Welcome to our dedicated page for Realty Income news (Ticker: O), a resource for investors and traders seeking the latest updates and insights on Realty Income stock.
Realty Income Corporation (NYSE: O), "The Monthly Dividend Company®," provides investors with transparent updates through this centralized news hub. Track official announcements about strategic acquisitions, dividend declarations, and portfolio diversification efforts for this S&P 500 REIT.
Key Resources Include: Earnings call summaries, property acquisition disclosures, and leadership updates. Investors gain insights into the company’s expansion across retail, industrial, and specialty real estate sectors through triple-net lease agreements.
Stay Informed On: Monthly dividend declarations, credit rating changes, and sustainability initiatives. Content is sourced directly from SEC filings and corporate communications to ensure accuracy.
Bookmark this page for real-time updates on one of REIT’s most consistent dividend payers, or subscribe to alerts for major portfolio developments.
Realty Income Corporation (NYSE: O) has declared its 619th consecutive monthly dividend of $0.2465 per share, equating to an annualized rate of $2.958. This dividend will be payable on February 15, 2022, to shareholders on record as of February 1, 2022. The ex-dividend date is January 31, 2022. Realty Income, known as The Monthly Dividend Company®, emphasizes long-term stability and reliable income for investors, supported by its portfolio of nearly 11,000 properties.
On January 11, 2022, Realty Income Corporation (NYSE: O) announced the pricing of a £500 million public offering of senior unsecured notes. This includes £250 million of 1.875% notes due January 14, 2027, and £250 million of 2.500% notes due January 14, 2042. The effective semi-annual yields are 1.974% and 2.584%, respectively. Proceeds will fund investment opportunities and repay debts under a $3.0 billion revolving credit facility. The offering is set to close on January 14, 2022.
Realty Income Corporation (NYSE: O) has declared an increase in its monthly cash dividend to $0.2465 per share from $0.246. This change, marking the 114th dividend increase since 1994, is effective for the dividend payable on January 14, 2022, to shareholders of record as of January 3, 2022. The annualized dividend amount now stands at $2.958 per share. Realty Income has made 618 consecutive monthly dividend payments throughout its 52-year operating history.
Realty Income Corporation (NYSE: O) reported acquiring properties worth approximately $1.1 billion from October 1, 2021 to December 1, 2021. The company also has agreements to purchase additional properties estimated over $1.1 billion, expected to close in Q4 2021. Their overall investment pipeline for 2021 totals around $6.0 billion, with $1.55 billion raised in Q4. This includes $950 million from common stock sales and $595 million from a cash distribution related to the spin-off of Orion Office REIT, Inc.
Realty Income Corporation (NYSE: O) announced plans to redeem $750 million of its 4.65% notes due August 1, 2023, with a redemption date set for December 31, 2021. The estimated total redemption price is $1,080.94 per $1,000 principal amount, which includes $19.38 in accrued interest. This redemption will incur an expected charge of approximately $47.5 million, or $0.09 per diluted common share, impacting net income in Q4 2021. The charge will not affect Adjusted Funds from Operations (AFFO).
Realty Income Corporation (NYSE: O) announced a monthly cash dividend increase to $0.246 per share from $0.236, effective December 15, 2021. This marks the 113th dividend increase since its NYSE listing in 1994. The new annualized dividend is $2.952 per share, up from $2.832. The ex-dividend date is November 30, 2021. CEO Sumit Roy stated that operational success and positive outlook supported this increase, reflecting a 5.1% rise compared to December 2020.
On November 15, 2021, Realty Income Corporation (NYSE: O) announced the successful spin-off of its office assets into a new REIT, Orion Office REIT Inc. (NYSE: ONL). Stockholders of Realty Income received one share of Orion for every ten shares of Realty Income as of the record date of November 2, 2021. Trading of Orion shares began on the NYSE under the symbol 'ONL' after a brief 'when issued' trading period. Realty Income continues to trade under 'O'. The transaction aims to enhance shareholder value through focused asset management.
Realty Income Corporation (NYSE: O) announced the successful completion of its exchange offers for VEREIT Notes as of November 5, 2021. The company received high consent rates for all series of notes, enabling significant amendments to the existing indenture, which will eliminate restrictive covenants. Key tender amounts included $485.3 million for 4.600% Notes due 2024 (97.06%) and $699.5 million for 2.850% Notes due 2032 (99.93%). The final settlement of these offers is expected on or about November 9, 2021.
Realty Income Corporation (NYSE: O) reported strong operating results for Q3 2021. Net income per share surged to $0.34, up from $0.07 in Q3 2020. Normalized FFO per share increased 8.5% to $0.89, while AFFO per share grew 12.3% to $0.91. The company invested $1.61 billion in 308 properties, including $532.5 million in Europe. Following the merger with VEREIT, Realty Income raised 2021 AFFO guidance to $3.55 - $3.60 per share. The company also achieved a 99.5% rent collection rate for Q3 2021.
Realty Income Corporation (NYSE: O) has completed its merger with VEREIT, Inc. (NYSE: VER), marking a significant consolidation in the net lease sector. The merger, announced on November 1, 2021, was approved by stockholders and allows VEREIT stockholders to receive 0.705 shares of Realty Income for each share held. The combined company aims to leverage its increased scale and diversification to enhance shareholder value. Additionally, a spin-off of office assets into a new REIT, Orion Office REIT Inc. (NYSE: ONL), will occur on November 12, 2021, benefiting stockholders with special dividends.
FAQ
What is the current stock price of Realty Income (O)?
What is the market cap of Realty Income (O)?
