SAN
DIEGO, Jan. 9, 2024 /PRNewswire/ -- Realty Income
Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that it has declared the
643rd consecutive common stock monthly dividend. The
dividend amount of $0.2565 per share,
representing an annualized amount of $3.078 per share, is payable on February 15, 2024 to stockholders of record as of
February 1, 2024. The ex-dividend
date for February's dividend is January 31,
2024.
About Realty Income
Realty Income, The Monthly
Dividend Company®, is an S&P 500 company and member
of the S&P 500 Dividend Aristocrats® index. We
invest in people and places to deliver dependable monthly dividends
that increase over time. The company is structured as a REIT, and
its monthly dividends are supported by the cash flow from over
13,250 real estate properties primarily owned under long-term net
lease agreements with commercial clients. To date, the company has
declared 643 consecutive common stock monthly dividends
throughout its 55-year operating history and increased the dividend
123 times since Realty Income's public listing in 1994 (NYSE: O).
Additional information about the company can be obtained from the
corporate website 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,
portfolio plans and the intentions of management including the
amount, timing and payment of dividends. 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; continued volatility and
uncertainty in the credit markets and broader financial markets;
other risks inherent in the real estate business including our
clients' 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; our
clients' solvency; property ownership through joint ventures and
partnerships which may limit control of the underlying investments;
current or future epidemics or pandemics, measures taken to limit
their spread, the impacts on us, our business, our clients
(including those in the theater and fitness industries), 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 structure, timing and
completion of the announced merger between our subsidiary and
Spirit and any effects of the announcement, pendency or completion
of the announced merger with Spirit Realty Capital, Inc., including
the anticipated benefits therefrom; 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.
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SOURCE Realty Income Corporation