Realty Income Corporation (O) To Go Ex-Dividend on June 30th

Realty Income Corporation (NYSE:O) announced a monthly dividend on Tuesday, June 9th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.271 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Tuesday, June 30th. This is a 0.2% increase from Realty Income’s previous monthly dividend of $0.27.

Realty Income has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Realty Income has a payout ratio of 215.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Realty Income to earn $4.59 per share next year, which means the company should continue to be able to cover its $3.25 annual dividend with an expected future payout ratio of 70.8%.

Realty Income Price Performance

NYSE O opened at $63.17 on Friday. The company has a market cap of $58.90 billion, a price-to-earnings ratio of 51.78, a PEG ratio of 4.93 and a beta of 0.72. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The stock’s fifty day moving average price is $62.15 and its 200 day moving average price is $61.72. Realty Income has a 1 year low of $55.86 and a 1 year high of $67.93.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities research analysts forecast that Realty Income will post 4.45 earnings per share for the current year.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.