Realty Income Stock Price, News & Analysis

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.

Orion Office REIT (NYSE: ONL) announced its rebranding to Orion Properties, signaling a strategic shift from traditional office properties toward dedicated-use assets with office components. The company reported significant achievements in 2024, including:

- Completion of 1.1 million square feet of leasing across 12 properties, quadrupling 2023's volume
- Acquisition of a 97,000-square-foot flex/laboratory/R&D facility in San Ramon, California for $34.6 million
- Sale of two vacant properties for $5.3 million

Financial highlights for 2024 include:
- Total revenues of $164.9 million
- Net loss of $(103.0) million, or $(1.84) per share
- Core FFO of $56.8 million, or $1.01 per diluted share

The company announced a restructured quarterly dividend of $0.02 per share for Q1 2025, representing an annual savings of $17.9 million. As of December 31, 2024, the portfolio consisted of 69 Operating Properties with a 73.7% occupancy rate and 74.4% of rent derived from Investment-Grade Tenants.

Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its CEO Sumit Roy's participation in two major investor conferences in March 2025. Roy will join a fireside chat at Citi's 30th Annual Global Property CEO Conference on March 4 at 9:35 a.m. EST and present at Raymond James' 46th Annual Institutional Investors Conference on March 5 at 10:25 a.m. EST.

The presentations will be available via webcast through Realty Income's website and remain accessible for approximately 90 days afterward. As of December 31, 2024, Realty Income maintains a portfolio of over 15,600 properties across the U.S., UK, and six European countries. The company has declared 656 consecutive monthly dividends and has increased its dividend for 30 consecutive years, earning membership in the S&P 500 Dividend Aristocrats® index.

Realty Income (NYSE: O) reported strong operating results for Q4 and full-year 2024. Net income for Q4 was $199.6 million ($0.23 per share), while AFFO per share increased 4.0% to $1.05. For the full year, net income reached $847.9 million ($0.98 per share) with AFFO growing 4.8% to $4.19 per share.

The company invested $1.7 billion in Q4 at a 7.1% initial weighted average cash yield and $3.9 billion for the full year at 7.4%. Portfolio occupancy remained strong at 98.7% with successful rent recapture rates of 107.4% in Q4 and 105.6% for 2024.

Notable developments include a $2.0 billion share repurchase program authorized in February 2025, and the announcement of the 109th consecutive quarterly dividend increase. The company raised $947.8 million from common stock sales in Q4 at an average price of $58.12, primarily through their ATM program.

Realty Income (NYSE: O) has announced a 1.5% increase in its monthly cash dividend to $0.268 per share from $0.264, payable on March 14, 2025, to stockholders of record as of March 3, 2025. This marks the company's 129th dividend increase since its NYSE listing in 1994 and represents the 656th consecutive monthly dividend in its 56-year operating history.

The new dividend reflects an annualized amount of $3.216 per share, up from the previous $3.168 per share. The company, known as 'The Monthly Dividend Company®', maintains a diversified portfolio of over 15,450 properties across the U.S., UK, and six European countries, supporting its commitment to providing growing monthly dividends through stable cash flows.

Realty Income (NYSE: O) has announced the final dividend tax allocation for its 2024 distributions. For common stock, the total distribution of $3.1255 per share consists of 69.62% ($2.1759803) as ordinary income dividend and 30.38% ($0.9495197) as non-taxable distribution. For Spirit Realty Capital's common stock, the total distribution of $0.6696 per share is entirely non-taxable. The company's Series A Preferred Stock, which was redeemed on September 30, 2024, had distributions of $1.125 per share, classified as 100% ordinary income.

Realty Income, known as 'The Monthly Dividend Company®', is an S&P 500 company with over 15,450 properties across the U.S., UK, and six European countries. The company has maintained 655 consecutive monthly dividends and has increased its dividend for 30 consecutive years, earning its place in the S&P 500 Dividend Aristocrats® index.

Orion Office REIT (NYSE: ONL) has disclosed the tax treatment of its 2024 dividends for common stockholders. The company, which specializes in single-tenant net lease office properties across the United States, will distribute $0.10 per share quarterly throughout 2024, with payments scheduled for January 16, April 15, July 15, and October 15.

All quarterly distributions are classified as nondividend distributions (Box 3 on Form 1099-DIV), with no amounts qualifying as ordinary dividends (Box 1a) or capital gain distributions (Box 2a). The company notes that the dividend declared in November 2024 and paid in January 2025 will be reported in the 2025 tax year.

Realty Income (NYSE: O) has announced it will release its Q4 and full-year 2024 operating results after market close on February 24, 2025. The company will host a conference call on February 25, 2025, at 11:00 a.m. PST to discuss the results.

Known as 'The Monthly Dividend Company®', Realty Income is an S&P 500 company with a portfolio of over 15,450 properties across all 50 U.S. states, the U.K., and six European countries. The company has maintained a remarkable track record of 655 consecutive monthly dividends and has increased its dividend for 30 consecutive years, earning its place in the S&P 500 Dividend Aristocrats® index.

Orion Office REIT (NYSE: ONL), a real estate investment trust specializing in single-tenant net lease office properties across the United States, has scheduled its fourth quarter and full year 2024 earnings release for March 5, 2025, after market close.

The company will host a webcast and conference call to discuss the results on March 6, 2025, at 10:00 a.m. ET. CEO and President Paul McDowell and CFO Gavin Brandon will lead the presentation. Investors can access the webcast through the company's website at onlreit.com/investors. For the conference call, US and Canadian participants should dial 1-877-407-3982, while international callers should use 1-201-493-6780.

A replay will be available through March 20, 2025, accessible via the company's website or by phone using passcode 13750636.