SAN DIEGO, Oct. 11, 2016 /PRNewswire/ -- Realty Income
Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that its Board of Directors
has declared the 556th consecutive common stock monthly
dividend. The dividend amount of $0.202 per share, representing an annualized
amount of $2.424 per share, is
payable on November 15, 2016 to shareholders of record as of
November 1, 2016. The ex-dividend
date for November's dividend is October 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 November 15,
2016 to shareholders of record as of November 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 556 consecutive common
stock monthly dividends throughout its 47-year operating history
and increased the dividend 88 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