SAN
DIEGO, July 9, 2024 /PRNewswire/ -- Realty Income
Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that it has declared the
649th consecutive common stock monthly dividend. The
dividend amount of $0.2630 per share,
representing an annualized amount of $3.156 per share, is payable on August 15, 2024 to stockholders of record as of
August 1, 2024.
About Realty Income
Realty Income (NYSE: O), an S&P 500 company, is real estate
partner to the world's leading companies. Founded in 1969, we
invest in diversified commercial real estate and have a portfolio
of over 15,450 properties in all 50 U.S. states, the U.K., and six
other countries in Europe. We are
known as "The Monthly Dividend Company®," and have a
mission to deliver stockholders dependable monthly dividends that
grow over time. Since our founding, we have declared 649
consecutive monthly dividends and are a member of the S&P 500
Dividend Aristocrats® index, having increased our
dividend for the last 29 consecutive years. Additional information
about the company can be found 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 and portfolio; cash flows; the
intentions of management; and dividends, 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 (including the terms and
partners of such funding); continued volatility and uncertainty in
the credit markets and broader financial markets; other risks
inherent in the real estate business including our clients'
solvency, client 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; property ownership through joint ventures, partnerships
and other arrangements which may limit control of the underlying
investments; epidemics or pandemics including measures taken to
limit their spread, the impacts on us, our business, our clients,
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 anticipated benefits
from mergers and acquisitions including from the merger with Spirit
Realty Capital, Inc.; 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