SAN DIEGO, July 17, 2018 /PRNewswire/ -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, today announced that its Board of Directors has declared the 577th consecutive common stock monthly dividend. The dividend amount of $0.22 per share, representing an annualized amount of $2.64 per share, is payable on August 15, 2018 to shareholders of record as of August 1, 2018. The ex-dividend date for August's dividend is July 31, 2018.
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 5,300 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 577 consecutive common stock monthly dividends throughout its 49-year operating history and increased the dividend 97 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.
SOURCE Realty Income Corporation