SAN DIEGO, July 12, 2016 /PRNewswire/ -- Realty Income
Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that its Board of Directors
has declared the 553rd consecutive common stock monthly
dividend. The dividend amount of $0.1995 per share, representing an annualized
amount of $2.394 per share, is
payable on August 15, 2016 to shareholders of record as of
August 1, 2016. The ex-dividend date
for August's dividend is July 28,
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 August 15, 2016
to shareholders of record as of August 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 4,600 real estate properties owned under
long-term lease agreements with regional and national commercial
tenants. To date, the company has declared 553 consecutive common
stock monthly dividends throughout its 47-year operating history
and increased the dividend 86 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