Realty Income Publishes Annual Sustainability Report

Rhea-AI Summary

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.

SAN DIEGO, Sept. 30, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced that it published its annual Sustainability Report, which covers its 2023 environmental, social and governance ("ESG") initiatives.

"I'm pleased with the progress Realty Income has made along the continuous journey to grow our ESG programs," said Sumit Roy, Realty Income's President and Chief Executive Officer. "As real estate partner to the world's leading companies, thoughtful collaboration with our stakeholders, a strong foundation of data, and enhanced reporting capabilities are fundamental to our sustainability achievements. Through our work in our local communities, our accomplishments at our corporate offices, and the support we provide clients in the application of renewable energy sources, Realty Income is harnessing the power of partnerships to achieve our goals."

View Realty Income's 2023 Sustainability Report at realtyincome.com/2023sustainabilityreport and learn more about Realty Income's corporate responsibility practices at realtyincome.com/sustainability.

About Realty Income

Realty Income (NYSE: O), an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,450 properties in all 50 U.S. states, the U.K., and six other countries in Europe. We are known as "The Monthly Dividend Company^®," and have a mission to deliver stockholders dependable monthly dividends that grow over time. Since our founding, we have declared 651 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats^® index, having increased our dividend for the last 30 consecutive years. Additional information about the company can be found at www.realtyincome.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. When used in this press release, the words "estimated," "anticipated," "expect," "believe," "intend," "continue," "should," "may," "likely," "plans," and similar expressions are intended to identify forward-looking statements. Forward-looking statements include discussions of our business and portfolio and the announcement of plans and the intentions of management including our sustainability journey and leadership. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business, economic, or financial conditions; competition; fluctuating interest and currency rates; inflation and its impact on our clients and us; access to debt and equity capital markets and other sources of funding (including the terms and partners of such funding); continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' solvency, client defaults under leases, increased client bankruptcies, potential liability relating to environmental matters, illiquidity of real estate investments, and potential damages from natural disasters; impairments in the value of our real estate assets; changes in domestic and foreign income tax laws and rates; property ownership through joint ventures, partnerships and other arrangements which may limit control of the underlying investments; epidemics or pandemics, including measures taken to limit their spread, the impacts on us, our business, our clients, and the economy generally; the loss of key personnel; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; the anticipated benefits from mergers and acquisitions including from the merger with Spirit Realty Capital, Inc.; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release. We do not undertake any obligation to update forward-looking statements or publicly release the results of any forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

View original content to download multimedia:https://www.prnewswire.com/news-releases/realty-income-publishes-annual-sustainability-report-302263118.html

SOURCE Realty Income Corporation

FAQ

What ESG initiatives did Realty Income (O) highlight in its 2023 Sustainability Report?

Realty Income's 2023 Sustainability Report highlighted initiatives in stakeholder collaboration, data foundation strengthening, enhanced reporting capabilities, community engagement, corporate office improvements, and supporting clients in renewable energy adoption.

How many consecutive monthly dividends has Realty Income (O) declared as of September 2024?

As of September 2024, Realty Income (O) has declared 651 consecutive monthly dividends.

How many properties does Realty Income (O) have in its portfolio as of September 2024?

As of September 2024, Realty Income (O) has a portfolio of 15,450 properties across the United States, United Kingdom, and six other European countries.

For how many consecutive years has Realty Income (O) increased its dividend?

Realty Income (O) has increased its dividend for 30 consecutive years, making it a member of the S&P 500 Dividend Aristocrats® index.