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Realty Income Corporation - O STOCK NEWS

Welcome to our dedicated news page for Realty Income Corporation (Ticker: O), a resource for investors and traders seeking the latest updates and insights on Realty Income Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Realty Income Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Realty Income Corporation's position in the market.

Rhea-AI Summary
Orion Office REIT Inc. (NYSE: ONL) announced the income tax classification of its 2023 dividends for the Company’s common stock. Stockholders are encouraged to consult with their tax advisors as to their specific treatment of ONL dividends. The 2023 dividend allocation does not include the Common Stock dividend declared in November 2023 and paid in January 2024.
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-0.81%
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Rhea-AI Summary
Orion Office REIT Inc. (NYSE: ONL) announced the release of its operating results for the fourth quarter and full year 2023, along with details of a webcast and conference call to review its financial results. The webcast and call will be hosted by the company's CEO, Paul McDowell, and CFO, Gavin Brandon. The webcast and call details are provided for interested participants, along with information on accessing the replay of the webcast and conference call.
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-1.79%
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Rhea-AI Summary
Realty Income Corporation (NYSE: O) has completed the merger with Spirit Realty Capital, Inc. (NYSE: SRC) in an all-stock transaction. The common stock of the combined company will trade under the symbol 'O' on the NYSE. Spirit common stockholders received 0.762 shares of Realty Income common stock for each share of Spirit common stock. The final day of trading for Spirit's common and preferred stock on the NYSE was January 22, 2024. The merger is immediately accretive on a leverage neutral basis and is expected to deliver growth objectives in 2024. Wells Fargo, Latham & Watkins LLP, Bank of America, Barclays, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wachtell, Lipton, Rosen & Katz were the financial and legal advisors for the transaction.
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0.74%
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Realty Income Corporation announced the final results of its offers to exchange all validly tendered and accepted notes of each series previously issued by Spirit Realty, L.P., for new notes to be issued by Realty Income, and the related solicitation of consents from holders of the Spirit Notes to amend the indenture governing the Spirit Notes. The Registration Statement for the issuance of the Realty Notes was filed with the SEC on December 19, 2023, and was declared effective on January 3, 2024. As of January 19, 2024, the aggregate principal amounts of each series of Spirit Notes had been validly tendered and not withdrawn in connection with the Exchange Offers. The final settlement of the Exchange Offers is expected to take place on or before January 23, 2024.
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Rhea-AI Summary
Realty Income Corporation (NYSE: O) and Spirit Realty Capital, Inc. (NYSE: SRC) have announced that Spirit stockholders have approved all necessary proposals for the closing of the previously announced merger, with approximately 99.8% of the votes cast in favor of the merger. The merger is expected to close on January 23, 2024, and at the closing, Spirit common shareholders will receive 0.762 newly-issued Realty Income common shares for each Spirit common share they own. Additionally, all of Spirit’s outstanding shares of Series A Cumulative Redeemable Preferred Stock will be exchanged for shares of Realty Income Series A Cumulative Redeemable Preferred Stock.
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Rhea-AI Summary
Realty Income Corporation (NYSE: O) and Spirit Realty Capital, Inc. (NYSE: SRC) have announced that Spirit stockholders have approved all necessary proposals for the merger with Realty Income. Approximately 99.8% of the votes cast were in favor of the merger, representing about 86.4% of the outstanding shares of Spirit common stock. The merger is expected to close on January 23, 2024, with Spirit common shareholders receiving 0.762 newly-issued Realty Income common shares for each Spirit common share they own. Additionally, Spirit's outstanding shares of Series A Cumulative Redeemable Preferred Stock will be exchanged for shares of Realty Income Series A Cumulative Redeemable Preferred Stock, trading under the symbol 'O PR' on the NYSE.
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Realty Income Corporation (NYSE: O) announced the release of its operating results for the quarter and year ended December 31, 2023, scheduled for February 20, 2024. The company will host a conference call on February 21, 2024, to discuss the operating results. The call can be accessed via phone or live webcast, with a replay available for both. The company's homepage at www.realtyincome.com will provide access to the live webcast and replay.
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End-of-Day
0.71%
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Rhea-AI Summary
Realty Income Corporation (Realty Income, NYSE: O) announced the successful exchange offer for Spirit Notes, with high percentages of outstanding principal amounts of each series of Spirit Notes being tendered and consents received to the Proposed Amendments. The Registration Statement for the issuance of the Realty Notes was filed with the SEC and declared effective on January 3, 2024.
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Rhea-AI Summary
Realty Income Corporation (NYSE: O) declares its 643rd consecutive common stock monthly dividend of $0.2565 per share, totaling an annualized amount of $3.078 per share. The dividend is payable on February 15, 2024, to stockholders of record as of February 1, 2024, with the ex-dividend date set for January 31, 2024.
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End-of-Day
-0.3%
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dividends
Rhea-AI Summary
Realty Income Corporation (Realty Income, NYSE: O) announced the pricing of a public offering of $450 million of 4.750% senior unsecured notes due February 15, 2029, and $800 million of 5.125% senior unsecured notes due February 15, 2034. The combined notes have a weighted average tenor of approximately 8.3 years, a weighted average semi-annual yield to maturity of 5.142%, and a weighted average coupon rate of 4.990%. The net proceeds will be used for general corporate purposes, including repayment or repurchase of indebtedness, development, redevelopment and acquisition of properties, and business combination transactions. The offering is expected to close on January 16, 2024.
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Rhea-AI Sentiment
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Realty Income Corporation

NYSE:O

O Rankings

O Stock Data

46.77B
859.39M
0.14%
72.09%
1.31%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
SAN DIEGO

About O

realty income (nyse: o), founded in 1969, is an s&p 500 company dedicated to providing shareholders with dependable monthly income. the revenue to pay monthly dividends is generated from over 4,400 commercial properties in 49 states and puerto rico that we own under long-term leases, primarily with large commercial enterprises that operate multiple locations. our shares are traded under the ticker symbol “o” on the new york stock exchange. for more information about realty income please visit us at www.realtyincome.com.