Welcome to our dedicated page for Realty Income Corporation news (Ticker: $O), a resource for investors and traders seeking the latest updates and insights on Realty Income Corporation stock.
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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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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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Realty Income Corporation (Realty Income, NYSE: O) announces the commencement of exchange offers for Spirit Realty, L.P. notes for new Realty Income notes, with a Registration Statement filed with the SEC on December 19, 2023.
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Realty Income Corporation (Realty Income, NYSE: O) has declared an increase in the company's common stock monthly cash dividend to $0.2565 per share from $0.2560 per share. The dividend is payable on January 12, 2024, to stockholders of record as of January 2, 2024. This is the 123rd dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for January's dividend is December 29, 2023. The new monthly dividend represents an annualized dividend amount of $3.078 per share as compared to the prior annualized dividend amount of $3.072 per share. Realty Income's President and CEO, Sumit Roy, stated that the company remains committed to providing stockholders with a dependable monthly dividend that increases over time, marking the 105th consecutive quarter of dividend increases since the 1994 NYSE listing. The dividend declaration also represents the 642nd consecutive monthly dividend throughout the company's 54-year operating history.
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3.93%
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Realty Income Corporation (Realty Income, NYSE: O) has announced the pricing of a public offering of £300 million of 5.750% senior unsecured notes due December 5, 2031, and £450 million of 6.000% senior unsecured notes due December 5, 2039. The net proceeds from this offering will be used for general corporate purposes, including the repayment or repurchase of Realty Income's indebtedness, foreign currency swaps, the development and acquisition of additional properties, and the expansion and improvement of certain properties in Realty Income's portfolio. The offering is expected to close on December 5, 2023.
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Realty Income Corporation (NYSE: O) Acquires 80% Equity Interest in Two Data Centers in Northern Virginia, with Up to 48 Megawatts of Potential IT Load
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Orion Office REIT Inc. (NYSE: ONL) announced its Q3 2023 operating results, including a 10-year lease renewal, property sales, dividend declaration, and updated 2023 outlook. The company's total revenues were $49.1 million, with a net loss of $(16.5) million. The company declared a dividend of $0.10 per share for Q4 2023 and updated its 2023 Core FFO and Net Debt to Adjusted EBITDA guidance ranges.
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Realty Income Corporation (NYSE: O) declares 641st consecutive monthly dividend of $0.256 per share, payable on December 15, 2023. Annualized amount is $3.072 per share.
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Realty Income Corporation (NYSE: O) announced its operating results for the three and nine months ended September 30, 2023. Key highlights include a net income of $233.5 million, normalized FFO of $739.0 million, and AFFO of $721.4 million. The company achieved a same-store rental revenue growth of 2.2% and invested $2.0 billion in properties. They also raised $885.9 million from the sale of common stock and issued €550.0 million of senior unsecured notes. Realty Income entered into a merger agreement to acquire Spirit Realty Capital, Inc. in an all-stock transaction.
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Realty Income Corporation (NYSE: O) has entered into a definitive merger agreement to acquire Spirit Realty Capital, Inc. (NYSE: SRC) in an all-stock transaction valued at approximately $9.3 billion. The merger is expected to deliver over 2.5% accretion to Realty Income's annualized Adjusted Funds from Operations (AFFO) per share. The combined company will have an enterprise value of approximately $63 billion, enhancing Realty Income's size, scale, and diversification for future growth. Spirit shareholders will receive 0.762 newly-issued Realty Income common shares for each Spirit common share they own. The merger is subject to customary closing conditions and is expected to close in Q1 2024.
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Realty Income Corporation
NYSE:O
O Rankings
O Stock Data
48.06B
859.39M
0.14%
72.09%
1.31%
Other Financial Vehicles
Finance and Insurance
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.