Thursday, January 18, 2018

Dividend Increase – Realty Income Corporation (O)




Tuesday Realty Income Corporation announced a monthly dividend increase of from $ 0.2125 to $ 0.219 per share that’s payable February 15, 2018 to holders of record February 1, 2018. The ex-dividend date for February's dividend is January 31, 2018. This is the 95th dividend increase since Realty Income's listing on the NYSE in 1994. The new monthly dividend represents an annualized dividend amount of $2.628 per share as compared to the current annualized dividend amount of $2.55 per share. This represents a 3.06% increase to regular monthly dividends. With current price $ 53.20 (Wednesday's open), this raise brings their dividend yield to 4.94%. 


Since I own 55 shares of O this will increase my yearly net dividends by $ 3.20.

That increase rises my YOC to 4.73%




Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long O

Thanks for stopping by!

1 comment:

  1. Perfect timing. Just picked up some more on the dip. Thanks for sharing.

    ReplyDelete