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 its 602nd consecutive monthly dividend of $0.2335 per share, equating to an annualized amount of $2.802. This dividend is payable on September 15, 2020, to shareholders of record as of September 1, 2020. The ex-dividend date is August 31, 2020. Realty Income continues to uphold its commitment to providing dependable monthly income to shareholders, supported by cash flow from over 6,500 real estate properties leased to commercial tenants.
Realty Income corporation (NYSE: O) reported strong second-quarter results for 2020, with net income per share at $0.31 and adjusted funds from operations (AFFO) per share up 4.9% to $0.86. The company collected 86.5% of contractual rent during Q2, improving to 91.5% in July. Realty Income raised $693 million through senior unsecured notes and common stock sales and invested $154.2 million across 32 properties. Their portfolio boasts a 98.5% occupancy rate, with an expected acquisition range of $1.25 billion to $1.75 billion in 2020, reflecting resilience amid the COVID-19 pandemic.
Realty Income Corporation (NYSE: O) has declared its 601st consecutive monthly dividend of $0.2335 per share, amounting to an annualized $2.802. This dividend is payable on August 14, 2020, to shareholders of record as of August 3, 2020, with an ex-dividend date of July 31, 2020. Realty Income, known as The Monthly Dividend Company®, is a member of the S&P 500 Dividend Aristocrats® index and is committed to providing reliable monthly income to shareholders.
Realty Income Corporation (NYSE: O) announced a public offering of $350 million in 3.25% senior unsecured notes maturing on January 15, 2031. The notes were priced at 108.241% of the principal, yielding 2.341% to maturity. Proceeds will enhance liquidity by repaying borrowings from a $3.0 billion revolving credit facility and may also fund investment opportunities. This offering adds to the $600 million previously issued on May 8, 2020. The closure is expected on July 16, 2020, pending customary conditions.