SAN DIEGO, April 14, 2015 /PRNewswire/ -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, today announced that its Board of Directors has declared the 538th consecutive common stock monthly dividend. The dividend amount of $0.1895 per share, representing an annualized amount of $2.274 per share, is payable on May 15, 2015 to shareholders of record as of May 1, 2015.
The Board of Directors also declared dividends on the company's Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on May 15, 2015 to shareholders of record as of May 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
About the Company
Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing shareholders with dependable monthly income. The company is structured as a REIT and its monthly dividends are supported by the cash flow from over 4,300 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 538 consecutive common stock monthly dividends throughout its 46-year operating history and increased the dividend 80 times since Realty Income's public listing in 1994 (NYSE: O). The company is an active buyer of net-leased commercial properties nationwide. Additional information about the company can be obtained from the corporate website at www.realtyincome.com or www.twitter.com/realtyincome.
SOURCE Realty Income Corporation