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 reports developments for a global net lease real estate business that provides real estate capital to corporate clients and owns a large property portfolio across the United States, the U.K. and Europe. News commonly covers operating results, FFO and AFFO measures, property investment activity, tenant and portfolio expansion, and financing transactions.
The company is known as The Monthly Dividend Company® and regularly announces common stock monthly dividends. Updates also address capital actions such as unsecured debt, term loans and currency swaps, as well as shareholder voting matters and other governance disclosures tied to its NYSE-listed common stock.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company, has released the tax status of dividends paid to common stockholders in 2022. The total dividends paid per share amounted to $2.967, with $2.787 (93.93%) classified as ordinary income. Additionally, there was a capital gain distribution of $0.180 (6.07%). The company has successfully declared 631 consecutive monthly dividends over its 54-year history and increased the dividend 118 times since its public listing in 1994. Stockholders are advised to consult tax advisors regarding their specific dividend tax treatment.
Orion Office REIT Inc. (NYSE: ONL) announced the income tax classification of its 2022 dividends, emphasizing the dividend payments for its common stock. Shareholders received $0.10 per share on March 31, June 30, and September 30 of 2022, with each payment classified as nondividend distributions. The dividend declared in November 2022 and paid in January 2023 is taxable in 2023, and shareholders should consult tax advisors for accurate reporting. Orion focuses on single-tenant net lease office properties across the U.S., aiming to enhance shareholder income through its diversified portfolio.
Orion Office REIT Inc. (NYSE: ONL) will release its financial results for Q4 and full year 2022 on March 8, 2023, after market close. A conference call to discuss the results will occur on March 9, 2023, at 10:00 a.m. ET, hosted by CEO Paul McDowell and CFO Gavin Brandon. Investors can access the call via Orion's website. A replay of the call will be available until March 23, 2023. Orion focuses on single-tenant net lease suburban office properties in the U.S., having spun off from Realty Income on November 12, 2021.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company, will release its operating results for the quarter and year ending December 31, 2022, after market close on February 21, 2023. A conference call is scheduled for February 22, 2023, at 11:30 a.m. PT to discuss these results. Realty Income is an S&P 500 company, recognized for its monthly dividends sustained by cash flow from over 11,700 properties. The company has declared 631 consecutive monthly dividends and increased its dividends 118 times since going public in 1994.
Realty Income Corporation, known as The Monthly Dividend Company®, has declared its 631st consecutive common stock monthly dividend of $0.2485 per share, equivalent to an annualized amount of $2.982 per share. This dividend is payable on February 15, 2023, to stockholders on record as of February 1, 2023. The ex-dividend date is January 31, 2023. Realty Income is a member of the S&P 500 Dividend Aristocrats® index, with a history of reliable monthly dividends supported by its extensive real estate portfolio.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, has priced a public offering of $1.1 billion in senior unsecured notes. This includes $500 million of 5.05% notes due January 2026 and $600 million of 4.85% notes due March 2030. The proceeds will be used for general corporate purposes, including debt repayment and property acquisitions. The company has also executed a $500 million interest rate swap to manage borrowing costs effectively. The offering is expected to close on January 13, 2023.
Realty Income Corporation (NYSE: O) has successfully closed a $1.0 billion multicurrency unsecured term loan, maturing in January 2024, with options for two twelve-month extensions. The loan's borrowing rate is set at 80.0 basis points over the benchmark rates, and the company has executed interest rate swaps to fix its rate at 5.0%. Nine lenders participated, with Toronto Dominion acting as the Administrative Agent. The financing enhances Realty Income's financial flexibility and supports its disciplined capital allocation.
CIM Real Estate Finance Trust has finalized an agreement to sell 185 non-core net lease properties to Realty Income Corporation (NYSE: O) for $894 million. The transaction, expected to close in Q1 2023, will provide net proceeds that will be allocated to senior secured loans and similar investments. This strategic move aims to enhance shareholder dividends and provides CMFT with flexibility to pursue new opportunities. Post-sale, CMFT's portfolio will consist of 199 properties with 99.7% occupancy and an average remaining lease term of 11.5 years.
Realty Income Corporation (NYSE: O) announced on December 30, 2022, a definitive agreement to acquire up to 185 retail and industrial properties from CIM Real Estate Finance Trust, Inc. for approximately $894 million. This acquisition is projected to offer a 7.1% cash cap rate with a weighted average remaining lease term of 9.2 years. Approximately 48% of the contractual rent is from investment-grade clients. The deal is expected to close in Q1 2023, subject to standard conditions. This transaction aims to enhance Realty Income's portfolio and is anticipated to be accretive to earnings.
Realty Income Corporation (NYSE: O) has appointed Gregory J. Whyte as Executive Vice President and Chief Operating Officer, effective January 3, 2023. Whyte brings extensive real estate experience, having previously worked at UBS and Morgan Stanley, and served as an independent director for several REITs. This appointment aims to enhance Realty Income's leadership and support its ongoing success. Realty Income is noted for its consistent monthly dividends, boasting a history of 630 consecutive payments and 118 increases since its 1994 listing.