Realty Income Corporation announced on April 14 that it has declared its 670th consecutive monthly dividend for common stock. The company said the dividend will be $0.2705 per share, or an annualized amount of $3.246 per share, and is payable on May 15 to shareholders of record as of April 30.
This announcement highlights Realty Income’s long-standing practice of providing consistent dividends to its investors. The company noted that it has increased its dividend for over 31 consecutive years and is a member of the S&P 500 Dividend Aristocrats index.
Founded in 1969, Realty Income serves as a real estate partner to leading companies worldwide and manages a portfolio exceeding 15,500 properties across all U.S. states, the United Kingdom, and eight other European countries as of December 31, according to information provided by the company.
The press release also included cautionary language regarding forward-looking statements related to business operations and future 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,” Realty Income said in the statement.
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Looking ahead, Realty Income emphasized that there can be no assurance historical trends will continue or that forecasts will materialize. “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,” Realty Income said.
