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 (NYSE: O) declared its 667th consecutive monthly dividend: $0.2700 per share (annualized $3.240). The dividend is payable on February 13, 2026 to shareholders of record as of January 30, 2026.
Realty Income, an S&P 500 company known as “The Monthly Dividend Company,” reported a portfolio of over 15,500 properties across all 50 U.S. states, the U.K., and seven other European countries as of September 30, 2025, and noted membership in the S&P 500 Dividend Aristocrats for more than 30 consecutive years of dividend increases.
Realty Income (NYSE: O) announced a long-term strategic partnership with GIC on Jan 12, 2026 that creates a programmatic joint venture with >$1.5 billion of combined capital commitments, a $200 million Realty Income takeout commitment for a U.S. dollar-denominated industrial portfolio in Mexico, and GIC closing as a cornerstone investor in Realty Income's U.S. Core Plus fund. The Mexico portfolio is Realty Income's first investment in Mexico and includes logistics assets in Mexico City and Guadalajara pre-leased to Global Fortune 100 tenants. The relationship targets build-to-suit, long-term net-leased logistics assets and expands Realty Income's private capital initiative.
Realty Income (NYSE: O) closed a private offering of $862.5 million aggregate principal amount of 3.500% convertible senior notes due 2029, including full exercise of a $112.5 million option.
Net proceeds were approximately $845.5 million. Approximately $101.9 million of net proceeds were used to repurchase ~1.8 million common shares concurrently with pricing. The company intends to use the majority of net proceeds for general corporate purposes, which may include repayment or repurchase of indebtedness (including the $500.0 million senior notes maturing January 13, 2026), hedging, property development, acquisitions, and portfolio improvements.
Realty Income (NYSE: O) priced a private offering of $750.0 million aggregate principal amount of 3.500% convertible senior notes due 2029, with settlement scheduled for January 8, 2026 and an initial purchasers' option for an additional $112.5 million.
The notes carry an initial conversion rate of 14.4051 shares per $1,000 principal (≈ $69.42 conversion price, ~20% premium to the $57.85 share price on January 5, 2026). Estimated net proceeds are ≈ $735.0 million (≈ $845.5 million if option exercised).
Realty Income intends to use proceeds for general corporate purposes, including repayment of debt, hedging, property investment, and concurrent repurchase of ≈ 1.8 million shares for ≈ $102.1 million.
Realty Income (NYSE: O) announced a proposed private offering of $750 million aggregate principal amount of convertible senior notes due January 15, 2029, with an initial purchasers' option for up to $112.5 million additional notes. The notes will be senior, unsecured, pay interest semi‑annually, and may be converted for cash and, if applicable, shares of common stock under specified conditions.
Realty Income expects to use most net proceeds for general corporate purposes, including repaying or repurchasing outstanding debt (notably the $500.0 million 5.050% senior notes due January 13, 2026), hedging, property development and acquisitions, and concurrent repurchases of common stock.
Realty Income (NYSE: O) declared a monthly common-stock dividend increase to $0.2700 per share from $0.2695 per share. The dividend is payable on January 15, 2026 to stockholders of record as of December 31, 2025.
The new rate annualizes to $3.240 per share versus the prior annualized amount of $3.234 per share. The company said this declaration marks its 133rd dividend increase since listing on the NYSE in 1994 and continues a record of 666 consecutive monthly dividends. As of September 30, 2025, the company reported a portfolio of over 15,500 properties across the U.S., the U.K., and seven other European countries.
Realty Income (NYSE: O) will make an $800 million perpetual preferred equity investment in CityCenter real estate (ARIA Resort & Casino and Vdara), owned by Blackstone Real Estate, and expects the transaction to close on December 9, 2025 subject to customary conditions. Realty Income said the preferred carries an initial unlevered return of 7.4%, annual capped escalators beginning year five, and redemption protections including early redemption premiums and a make-whole to ensure an 8.325% unlevered IRR if redeemed. Realty Income also raised its 2025 investment volume outlook to over $6.0 billion and retains a right of first offer on future common equity sales.
The assets include approximately 5,500 rooms and 500,000 sq ft of convention space, operated by MGM Resorts.
Orion (NYSE: ONL) announced on November 26, 2025 that a director nomination notice submitted by The Kawa Fund Limited ("Kawa") is invalid because it failed to meet several requirements in Orion's bylaws, including proof that Kawa is a record holder of common stock.
The Board said Kawa's notice lacked other required disclosures, including substantive plans for the company, and therefore Kawa is not entitled to nominate candidates for election at the 2026 annual meeting. Orion said no stockholder action is required now and that it will announce the meeting date and file proxy materials with the SEC in due course.
Orion Properties (NYSE: ONL) confirmed receipt of a notice from Kawa Capital Management nominating five individuals for election to Orion's Board of Directors at the 2026 Annual Meeting of Stockholders. The Board's Nominating and Corporate Governance Committee will review the nominees under the company's process and guidelines. The Board will state its formal recommendation in the company's proxy statement, which will be filed with the SEC and mailed to eligible stockholders. The company said no stockholder action is required at this time and the 2026 meeting date has not yet been scheduled.
Realty Income (NYSE: O) closed a £900 million Sterling-denominated unsecured term loan on Nov 18, 2025. The loan initially matures in January 2028 with one twelve-month extension option.
Proceeds will repay outstanding Sterling borrowings on the company’s $4.0 billion multicurrency revolver and pre-fund the refinancing of a January 2026 multi-currency term loan that includes a £705 million Sterling tranche. Ratings-based pricing sets the spread at 80 basis points over SONIA. Realty Income executed two-year variable-to-fixed swaps to fix the weighted average interest rate at 4.3% per annum over the initial term. Ten lenders participated; Toronto Dominion (Texas) LLC is Administrative Agent.