SAN
DIEGO, April 9, 2024 /PRNewswire/ -- Realty
Income Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that it has declared the
646th consecutive common stock monthly dividend. The
dividend amount of $0.257 per share,
representing an annualized amount of $3.084 per share, is payable on May 15, 2024 to stockholders of record as of
May 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 (including properties acquired in the
Spirit merger in January 2024) in all
50 U.S. states and in seven 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 646 consecutive monthly dividends and
are a member of the S&P 500 Dividend Aristocrats®
index for having increased our dividend for the last 25 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 and the intentions of
management 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 REIT; 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; continued volatility and uncertainty
in the credit markets and broader financial markets; other risks
inherent in the real estate business including our clients'
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; our clients'
solvency; property ownership through joint ventures and
partnerships which may limit control of the underlying investments;
current or future epidemics or pandemics, 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
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