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.
Orion Office REIT reported third quarter 2024 results with total revenues of $39.2 million and a net loss of $(10.2) million. The company completed 832,000 square feet of leasing year-to-date, including 254,000 square feet in Q3. Notable achievements include acquiring a 97,000-square-foot facility in San Ramon, California for $34.6 million and maintaining a portfolio occupancy rate of 74.6%. The company's weighted average lease term increased to 5.0 years, with 74.4% of annualized base rent from Investment-Grade tenants. The Board declared a quarterly dividend of $0.10 per share, and the company narrowed its 2024 Core FFO guidance to $0.99-$1.01 per share.
Realty Income reported Q3 2024 operating results with net income of $261.8 million ($0.30 per share) and AFFO of $915.6 million ($1.05 per share). The company invested $740.1 million at a 7.4% initial weighted average cash yield and maintained a 98.7% portfolio occupancy. They achieved a 105.0% rent recapture rate on re-leased properties. The company increased its 2024 investment volume guidance to $3.5 billion and raised AFFO guidance to $4.17-$4.21 per share. Notable capital activities included raising $271.0 million from stock sales and issuing $500.0 million of senior unsecured notes due 2054, along with £700.0 million in UK notes.
Orion Office REIT Inc. (NYSE: ONL), a real estate investment trust focused on single-tenant net lease office properties across the United States, has announced its third quarter 2024 earnings release and webcast dates. The company will release its operating results for the quarter ended September 30, 2024, after market close on Thursday, November 7, 2024.
A webcast and conference call to review the results will be held at 10:00 a.m. ET on Friday, November 8, 2024. The event will be hosted by Paul McDowell, CEO and President, and Gavin Brandon, CFO, EVP, and Treasurer. Investors can access the webcast through Orion's website at onlreit.com/investors. For the conference call, US and Canadian callers should dial 1-877-407-3982, while international callers should use 1-201-493-6780.
A replay of the webcast will be available on Orion's website, and the conference call replay can be accessed from November 8, 2024, at 1:00 p.m. ET until November 22, 2024, at 11:59 p.m. ET using the passcode 13748632.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 652nd consecutive common stock monthly dividend. The dividend amount is set at $0.2635 per share, representing an annualized amount of $3.162 per share. This dividend is payable on November 15, 2024 to stockholders of record as of November 1, 2024.
Realty Income, an S&P 500 company, is a real estate partner to leading companies worldwide. Founded in 1969, the company invests in diversified commercial real estate with a portfolio of 15,450 properties across all 50 U.S. states, the U.K., and six other European countries. As a member of the S&P 500 Dividend Aristocrats® index, Realty Income has increased its dividend for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the release date for its third quarter 2024 earnings. The company will disclose its operating results for the quarter ended September 30, 2024, after market close on November 4, 2024. A conference call to discuss the results is scheduled for November 5, 2024, at 11:00 a.m. PST.
Investors can access the conference call by dialing (833) 816-1264 (United States) or (412) 317-5632 (International). A telephone replay will be available until November 12, 2024. Additionally, a live webcast will be accessible on the company's website, with a replay available approximately one hour after the live broadcast concludes.
Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and has increased its dividend for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has released its annual Sustainability Report for 2023, highlighting its environmental, social, and governance (ESG) initiatives. CEO Sumit Roy emphasized the company's progress in expanding its ESG programs, focusing on:
1. Stakeholder collaboration
2. Strong data foundation
3. Enhanced reporting capabilities
Realty Income's sustainability efforts include:
• Community engagement
• Corporate office improvements
• Supporting clients in renewable energy adoption
As a real estate partner to leading global companies, Realty Income boasts a portfolio of 15,450 properties across the U.S., U.K., and six European countries. The company has declared 651 consecutive monthly dividends and is part of the S&P 500 Dividend Aristocrats® index, having increased dividends for 30 consecutive years.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced its 127th dividend increase since its 1994 NYSE listing. The company has declared a monthly cash dividend increase from $0.2630 to $0.2635 per share, payable on October 15, 2024, to stockholders of record as of October 1, 2024. This raise brings the annualized dividend to $3.162 per share, up from $3.156. Realty Income has maintained a 651-consecutive monthly dividend streak throughout its 55-year history, with 108 consecutive quarterly increases since its NYSE listing. The company, an S&P 500 member, boasts a diverse portfolio of 15,450 properties across the U.S. and Europe.
Realty Income (NYSE: O), known as The Monthly Dividend Company®, has announced the full redemption of its 6.000% Series A Cumulative Redeemable Preferred Stock on September 30, 2024. The company will redeem all 6,900,000 outstanding shares at $25.00 per share, plus accrued and unpaid dividends of approximately $0.3750 per share, for a total payment of about $25.375 per share.
This strategic move aligns with Realty Income's capital management strategy and aims to enhance the efficiency of its funding and balance sheet structure. The final dividend payment date is set for September 30, 2024, with a record date of September 13, 2024. Realty Income, an S&P 500 company, boasts a portfolio of 15,450 properties across the U.S. and Europe, and has declared 650 consecutive monthly dividends to date.
Realty Income (NYSE: O) has priced a public offering of £700 million in sterling-denominated senior unsecured notes. The offering consists of £350 million of 5.000% notes due 2029 and £350 million of 5.250% notes due 2041. The notes have a weighted average tenor of 11.1 years, a weighted average annual yield to maturity of 5.400%, and a weighted average coupon rate of 5.125%.
The net proceeds will be used for general corporate purposes, including debt repayment, property acquisitions, and portfolio improvements. The offering is expected to close on September 4, 2024. Realty Income, known as 'The Monthly Dividend Company®', is an S&P 500 company with a portfolio of 15,450 properties across the U.S., U.K., and six European countries.
Realty Income (NYSE: O) has priced a public offering of $500 million in 5.375% senior unsecured notes due 2054. The notes were priced at 98.374% of the principal amount, yielding an effective semi-annual yield to maturity of 5.486%. The company plans to use the net proceeds for general corporate purposes, including debt repayment, property acquisitions, and potential business combinations. The offering is expected to close on August 26, 2024.
Realty Income, known as 'The Monthly Dividend Company®', is an S&P 500 company with a portfolio of 15,450 properties across the U.S. and Europe. The company has a track record of 650 consecutive monthly dividends and has increased its dividend for 30 consecutive years.