SAN DIEGO, April 11, 2017 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that its Board of Directors has declared the 562nd consecutive common stock monthly dividend. The dividend amount of $0.211 per share, representing an annualized amount of $2.532 per share, is payable on May 15, 2017 to shareholders of record as of May 1, 2017. The ex-dividend date for May's dividend is April 27, 2017.
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 4,900 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 562 consecutive common stock monthly dividends throughout its 48-year operating history and increased the dividend 91 times since Realty Income's public listing in 1994 (NYSE: O). The company has in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology, and capital markets capabilities. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
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SOURCE Realty Income Corporation