SAN
DIEGO, Jan. 10, 2023 /PRNewswire/ -- Realty
Income Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that it has declared the
631st consecutive common stock monthly dividend. The
dividend amount of $0.2485 per share,
representing an annualized amount of $2.982 per share, is payable on February 15, 2023 to stockholders of record as of
February 1, 2023. The ex-dividend
date for January's dividend is January 31,
2023.
About Realty Income
Realty Income, The Monthly Dividend Company®, is an
S&P 500 company and member of the S&P 500 Dividend
Aristocrats® index. We invest in people and places to
deliver dependable monthly dividends that increase over time. The
company is structured as a REIT, and its monthly dividends are
supported by the cash flow from over 11,700 real estate properties
owned under long-term net lease agreements with commercial clients.
To date, the company has declared 631 consecutive common stock
monthly dividends throughout its 54-year operating history and
increased the dividend 118 times since Realty Income's public
listing in 1994 (NYSE: O). Additional information about the company
can be obtained from the corporate website 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," and similar expressions are intended to
identify forward-looking statements. Forward-looking statements
also include discussions of our business and portfolio including
portfolio acquisitions and the related properties timing,
concentrations, rent, properties, clients, and impact to the
current portfolio, future operations and results, the announcement
of operating results, strategy, plans, and the intentions of
management. 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 and
economic conditions; competition; fluctuating interest and currency
rates; access to debt and equity capital markets; 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, 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
income tax laws and rates; the continued evolution of the COVID-19
pandemic and the measures taken to limit its spread, and its
impacts on us, our business, our clients (including those in the
theater industry), or the economy generally; the timing and pace of
reopening efforts at the local, state and national level in
response to the COVID-19 pandemic and developments, such as the
unexpected surges in COVID-19 cases, that cause a delay in or
postponement of reopenings; the outcome of any legal proceedings to
which we are a party or which may occur in the future; acts of
terrorism and war; any effects of uncertainties regarding whether
the anticipated benefits or results of our merger with VEREIT, Inc.
will be achieved; 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. Those 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 publicly
release the results of any revisions to these 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