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) has declared a monthly cash dividend increase to $0.2485 per share from $0.248, effective January 13, 2023, for shareholders on record as of January 3, 2023. This marks the 118th dividend increase since its NYSE listing in 1994 and represents an annualized amount of $2.982 per share, up from $2.976. Realty Income continues to demonstrate its commitment to providing dependable monthly dividends, having delivered 630 consecutive monthly dividends over its 53-year history.
Realty Income Corporation (NYSE: O) has successfully closed its acquisition of Encore Boston Harbor's land and real estate assets from Wynn Resorts (NASDAQ: WYNN) for $1.7 billion. With all regulatory approvals secured, the transaction marks Realty Income's first venture into the gaming industry. Following the acquisition, Wynn Resorts will operate the resort under a triple net lease. Realty Income is renowned for its reliable monthly dividends, boasting a 53-year history of consistent payouts and 629 consecutive monthly dividends declared.
Wynn Resorts has finalized the sale of Encore Boston Harbor to Realty Income Corporation for $1.7 billion. The deal received all requisite regulatory approvals and resulted in a cash cap rate of 5.9%. Post-transaction, Wynn's global liquidity is bolstered to $4.4 billion. The company will maintain operations at Encore Boston Harbor under a triple net lease with Realty Income, securing an initial rent of $100 million annually, with escalations in future years.
Realty Income Corporation (NYSE: O) has declared its 629th consecutive monthly dividend of $0.248 per share, equating to an annualized $2.976. This dividend is set to be paid on December 15, 2022, for stockholders on record as of December 1, 2022, with an ex-dividend date of November 30, 2022. Realty Income is recognized as The Monthly Dividend Company and is an S&P 500 company, noted for its reliable monthly dividends over its 53-year history.
Orion Office REIT Inc. reported total revenues of $51.8 million for Q3 2022, alongside a net loss of $(53.0 million), equating to $(0.94) per share. The company achieved Core FFO of $24.0 million, or $0.42 per share. It sold six properties for about $24.8 million, with agreements to sell four more for $15.9 million. The Board approved a $50 million share repurchase program. The real estate portfolio consisted of 87 properties with an occupancy rate of 88.2%. The Company raised its Core FFO guidance for 2022, now expected to be between $1.76 and $1.78 per share.
Realty Income Corporation (NYSE: O) reported robust Q3 2022 results, with net income of $219.6 million, or $0.36 per share. Normalized FFO per share rose 9.0% to $0.97, while AFFO per share increased 7.7% to $0.98. The company invested $1.87 billion across 375 properties, maintaining a strong occupancy rate of 98.9%. Realty Income declared its 100th consecutive quarterly dividend increase of 5.1%. The firm raised $0.7 billion through common stock sales and issued $750 million in senior unsecured notes, enhancing capital flexibility.
Orion Office REIT Inc. (NYSE: ONL) will announce its third-quarter 2022 financial results on November 2, 2022, after market close. A webcast and conference call to discuss these results will take place at 10:00 a.m. ET on November 3, 2022. The event will feature CEO Paul McDowell and CFO Gavin Brandon. The call can be accessed via the company's website. A replay will be available until November 17, 2022.
Realty Income Corporation (NYSE: O) has declared its 628th consecutive monthly dividend of $0.248 per share, amounting to an annualized total of $2.976. This dividend will be paid on November 15, 2022 to stockholders on record as of November 1, 2022. The ex-dividend date is set for October 31, 2022. Realty Income, known as The Monthly Dividend Company®, continues to maintain its status as a member of the S&P 500 Dividend Aristocrats with a history of increasing dividends, having done so 117 times since its public listing in 1994.
On October 3, 2022, Realty Income Corporation (NYSE: O) announced the pricing of a public offering of $750 million in 5.625% senior unsecured notes maturing on October 13, 2032. The offering price was set at 99.879% of the principal, yielding an effective semi-annual yield of 5.641%. Concurrently, the company executed a $600 million cross currency swap, expecting to realize approximately €612 million, and reported a cash settlement gain of $72 million from terminated interest rate swaps. Net proceeds are aimed at general corporate purposes, including debt repayment and property development.
Realty Income Corporation (NYSE: O) will release its operating results for the quarter ending September 30, 2022, after market close on November 2, 2022. The company will host a conference call on November 3, 2022, at 11:30 a.m. PT to discuss the results. Realty Income, known as The Monthly Dividend Company®, is a member of the S&P 500 Dividend Aristocrats index and has consistently paid monthly dividends for 53 years, declaring 627 consecutive monthly dividends and increasing them 117 times since its public listing in 1994.