Monthly dividend declared $0.2705 payable June 15; 672nd consecutive / 113th hike
Key Questions
What monthly dividend did Realty Income declare?
Realty Income declared a monthly dividend of $0.2705 per share, which annualizes to approximately $3.246. This marks the company's 113th consecutive dividend increase.
When is the latest Realty Income dividend payable?
The dividend is payable on June 15. Shares were trading near $62 ahead of the May 29 ex-dividend date.
How long is Realty Income's streak of consecutive dividends?
The declaration extends Realty Income's record to 672 consecutive monthly dividends and represents the 113th hike in that streak.
What is Realty Income's current dividend yield?
With shares near $62, the yield is approximately 5.2-5.23 percent. This places the stock among higher-yielding dividend payers.
How well is the dividend covered by earnings?
AFFO coverage stands at 1.35x, indicating headroom for future dividend growth. The payout remains supported by the company's free cash flow.
What does the latest dividend announcement signal for investors?
The hike reinforces Realty Income's reputation as a reliable monthly income provider. It continues a long track record of consistent distributions.
How does this dividend compare to prior payments?
The $0.2705 amount reflects the most recent increase in a series that has now reached 113 hikes. Earlier reports referenced payments around the same level.
Is Realty Income still viewed as a core income holding?
Articles continue to highlight the stock for its monthly payout and long dividend history. Institutional ownership remains high at over 70 percent.
Realty Income declared $0.2705 monthly dividend payable June 15 (ann ~$3.246, 113th consec hike), extending streak. Yield ~5.2-5.23% with shares near $62 pre-May 29 ex-div. 1.35x AFFO cov signals hike room.