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.
News about Realty Income Corporation (NYSE: O) focuses on its activities as an S&P 500 real estate investment trust and its role as a real estate partner to the world's leading companies®. As a REIT known as "The Monthly Dividend Company®", Realty Income regularly issues press releases on monthly dividend declarations, capital markets transactions, and major real estate investments.
Investors following Realty Income news can expect frequent updates on dividend announcements and increases, including details on record dates, payment dates, and the company’s long streak of consecutive monthly dividends. The company also reports on debt and equity offerings, such as senior unsecured notes, convertible senior notes, and at-the-market equity programs, explaining how proceeds may be used for general corporate purposes, refinancing, and funding property acquisitions or development.
Realty Income’s news flow highlights large-scale real estate transactions, including preferred equity investments in high-profile properties and programmatic joint ventures with institutional partners. Recent examples include a perpetual preferred equity investment in the real estate of CityCenter in Las Vegas, and a strategic partnership with GIC involving a build-to-suit logistics joint venture in the U.S. and industrial properties in Mexico pre-leased under long-term net leases. The company also issues updates on its private capital initiatives, such as commitments to its U.S. Open-End Core Plus Fund.
In addition, Realty Income publishes information on credit facilities and term loans, including multicurrency revolving credit lines and Sterling-denominated term loans, along with commentary on borrowing costs and interest rate hedging. By monitoring this news page, readers can track how Realty Income manages its balance sheet, expands its property portfolio across the U.S., the U.K., Europe, and Mexico, and maintains its mission to deliver dependable monthly dividends that increase over time.
Realty Income Corporation (NYSE: O) announced plans to redeem $950 million in 3.25% notes due on October 15, 2022, with the redemption date set for January 8, 2021. The estimated redemption price is approximately $1,056.60 per $1,000 principal amount, including about $7.12 of accrued interest. The company anticipates a charge of around $46 million, or $0.13 per diluted share, to net income and NAREIT-defined Funds from Operations (FFO) in Q1 2021, but this will be excluded from Adjusted Funds from Operations (AFFO).
Realty Income Corporation (NYSE: O) announced an increase in its monthly cash dividend from $0.2340 to $0.2345 per share, effective January 15, 2021. This marks the 109th dividend increase since its NYSE listing in 1994, highlighting the company's commitment to providing reliable income to shareholders. The dividend is payable to shareholders of record by January 4, 2021, with an ex-dividend date of December 31, 2020. The annualized dividend now stands at $2.814 per share, a modest increase from $2.808.
Realty Income Corporation (NYSE: O) reported its contractual rent collection rates up to November 30, 2020. The company achieved a collection rate of 93.6% across its total portfolio, with rates of 90.2% from its top 20 tenants and 99.9% from investment-grade tenants. Realty Income has entered deferral agreements with tenants responsible for most unpaid rent. The company continues to be a reliable source of monthly income, having declared 605 consecutive dividends with significant increases since going public in 1994.
Realty Income Corporation (NYSE: O) has declared its 605th consecutive monthly dividend of $0.2340 per share, translating to an annualized dividend of $2.808. The dividend will be payable on December 15, 2020, to shareholders on record as of December 1, 2020, with an ex-dividend date of November 30, 2020. The company has consistently increased dividends 108 times since its public listing in 1994. As a member of the S&P 500 Dividend Aristocrats, Realty Income remains focused on providing reliable monthly income to its stockholders.
Realty Income Corporation (NYSE: O) reported Q3 results for 2020, showing a diluted net income per share of $0.07 and an AFFO per share of $0.81. The company collected 93.1% of contractual rent and invested $658.6 million in 89 properties, including $230 million in the U.K. Notably, it raised $348.6 million from common stock sales and issued $350 million in senior unsecured notes. Rent collection decreased slightly to 92.9% by October, with significant reserves for theater properties totaling $17.2 million. The annualized dividend saw a 3.1% increase, continuing Realty Income's tradition of reliable monthly income for investors.
Realty Income Corporation (NYSE: O) has declared its 604th consecutive monthly dividend of $0.2340 per share, equivalent to an annualized amount of $2.808. The dividend is payable on November 13, 2020 to shareholders on record as of November 2, 2020. The ex-dividend date is October 30, 2020. Realty Income is notable for its commitment to providing reliable monthly income, supported by cash flow from over 6,500 properties under long-term lease agreements. The company has consistently increased its dividend, marking 108 increases since its public listing in 1994.
Realty Income Corporation (NYSE: O) announced the appointment of Christie Kelly as Executive Vice President, Chief Financial Officer, and Treasurer, effective January 19, 2021. Kelly, who joined the board in November 2019, brings over 25 years of experience in financial management and real estate. Previously, she served as Global CFO of Jones Lang LaSalle and CFO of Duke Realty Corporation. The company, known for its monthly dividends, has a strong track record with 603 consecutive common stock monthly dividends declared and is recognized in the S&P 500 Dividend Aristocrats index.
Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company, reported its rent collection updates for the periods ending in 2020. As of October 1, 2020, the company achieved a contractual rent collection rate of 88.3% for the quarter ended June 30, increasing to 93.8% by September 30. Collection from the top 20 tenants improved from 82.9% to 91.9% in the same timeframe, while investment-grade tenants maintained a strong collection rate of 100%. Realty Income will announce its third-quarter results on November 2, 2020.
Realty Income Corporation (NYSE: O) has priced a public offering of £400 million in 1.625% senior unsecured notes due December 15, 2030, at an effective yield of 1.712%. This marks the company's first public issuance of unsecured notes in GBP. The net proceeds will be used to repay GBP-denominated borrowings under a $3.0 billion revolving credit facility, settle a foreign exchange swap arrangement, and for potential investments and general corporate purposes. The offering is expected to close on October 1, 2020.
Realty Income Corporation (NYSE: O) has announced an increase in its monthly cash dividend from $0.2335 to $0.2340 per share, effective for the dividend payable on October 15, 2020. This marks the 108th dividend increase since its NYSE listing in 1994. The annualized dividend now stands at $2.808 per share, up from $2.802. Shareholders of record as of October 1, 2020 will benefit, with an ex-dividend date on September 30, 2020. Realty Income continues its commitment to providing dependable monthly income, underscoring its strong performance.
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