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.
In its first quarter results ending March 31, 2022, Orion Office REIT reported total revenue of $53.2 million and Core FFO of $28.0 million, or $0.49 per share. The company secured 178,000 square feet in lease extensions and expansions in Texas and Georgia and reached an agreement to sell three properties for $13 million. Although it reported a net loss of $9.9 million, Orion's operating performance aligns with expectations, and it maintains guidance for Core FFO per share between $1.66 and $1.74.
Realty Income Corporation (NYSE: O) has successfully closed a $4.25 billion amended multicurrency unsecured revolving credit facility, replacing its previous $3.0 billion facility. This credit line can expand to $5.25 billion and matures in June 2026, with options for two six-month extensions. The facility offers a competitive borrowing rate of 85 basis points over the adjusted SOFR rate. The company aims to enhance its financial flexibility, facilitating ongoing growth and liquidity.
Orion Office REIT Inc. (NYSE: ONL) announced it will release its financial results for Q1 2022 after market close on May 4, 2022. A webcast and conference call will occur on May 5, 2022, at 10:00 a.m. ET, hosted by CEO Paul McDowell and CFO Gavin Brandon. This event will review the financial outcomes for the period, focusing on its portfolio of single-tenant net lease office properties across the U.S. Investors can access the conference call via the company’s website or by dialing designated numbers for U.S., Canada, and international participants.
On April 12, 2022, Realty Income Corporation (NYSE: O) declared its 622nd consecutive common stock monthly dividend of $0.247 per share, translating to an annualized amount of $2.964 per share. The dividend is payable to shareholders of record as of May 2, 2022, with an ex-dividend date of April 29, 2022. Realty Income, recognized as The Monthly Dividend Company®, has a strong history of increasing dividends, having raised them 115 times since its public listing in 1994. This reflects its ongoing commitment to delivering reliable income to shareholders.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, will release its operating results for Q1 2022 on May 4, 2022. The earnings will be discussed in a conference call scheduled for May 5, 2022, at 11:30 a.m. PT. Realty Income, a member of the S&P 500 Dividend Aristocrats® index, has a strong history, declaring 621 consecutive monthly dividends over its 53 years. The company’s performance is underpinned by over 11,100 properties leased to commercial clients. For further details, visit www.realtyincome.com.
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Realty Income Corporation (NYSE: O) has priced a private placement offering of £600 million in senior unsecured notes maturing in 2030, 2032, and 2037. The notes are expected to have a weighted average tenor of approximately 10.5 years and a fixed interest rate of 3.22%. The offering will rely on an exemption from the registration under the Securities Act of 1933, meaning the notes will not be registered in the U.S. The definitive agreements for this offering are expected to be executed on April 14, 2022. Realty Income is known for its monthly dividend distribution and has a history of 621 consecutive monthly dividends.
Orion Office REIT Inc. (NYSE: ONL) released its fourth quarter 2021 financial results, marking a period of transition following its spin-off from Realty Income. The company reported a net loss of $(54.9) million, or $(0.97) per share, while core FFO was $26.8 million, or $0.47 per share. The weighted average lease term increased to 4.1 years as Orion signed key lease extensions, including an 11-year deal with Merrill Lynch. The total debt stood at $647.3 million, but the company secured a $355 million refinance, enhancing its liquidity to $346.4 million.
Realty Income Corporation (NYSE: O) has declared an increase in its monthly cash dividend from $0.2465 to $0.247 per share, effective April 15, 2022. This marks the company's 115th dividend increase since its NYSE listing in 1994. The annualized dividend now stands at $2.964 per share, compared to the previous $2.958. The ex-dividend date is March 31, 2022. Realty Income has a strong history of providing dependable monthly income, achieving 621 consecutive payments in its 53 years of operation.
Realty Income Corporation has reported strong financial results for the year and quarter ended December 31, 2021, despite a challenging environment. Net income per share was $0.87 for the year and $0.01 for the quarter. Normalized FFO per share rose 2.4% to $3.39, while AFFO increased 5.9% to $3.59. The company raised $4.51 billion through common stock sales and completed a significant merger with VEREIT, enhancing its portfolio. Portfolio occupancy remained high at 98.5%, with $6.41 billion invested in properties during the year.