SAN DIEGO, April 11, 2016 /PRNewswire/ -- Realty Income
Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that its Board of Directors
has declared the 550th consecutive common stock monthly
dividend. The dividend amount of $0.199 per share, representing an annualized
amount of $2.388 per share, is
payable on May 16, 2016 to
shareholders of record as of May 2,
2016.
The Board of Directors also declared a dividend 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 16, 2016 to
shareholders of record as of May 1,
2016. 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
4,500 real estate properties owned under long-term lease agreements
with regional and national commercial tenants. To date, the company
has declared 550 consecutive common stock monthly dividends
throughout its 47-year operating history and increased the dividend
85 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