Realty Income Corporation (NYSE:O) Shareholders to Collect $0.27 Monthly Dividend

Realty Income Corporation (NYSE:O) announced a monthly dividend on Tuesday, October 13th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.2715 per share by the real estate investment trust on Friday, November 13th. This represents a $3.26 annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Friday, October 30th.

Realty Income has a dividend 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. Equities research analysts expect Realty Income to earn $4.58 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 71.0%.

Realty Income Trading Up 0.6%

Shares of NYSE:O opened at $55.04 on Wednesday. The stock has a market capitalization of $52.08 billion, a price-to-earnings ratio of 12.49, a PEG ratio of 4.29 and a beta of 0.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88. The company has a 50 day moving average price of $59.09 and a 200 day moving average price of $61.46. Realty Income has a 1-year low of $53.15 and a 1-year high of $67.93.

Realty Income (NYSE:O) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting the consensus estimate of $1.09. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts anticipate that Realty Income will post 4.42 EPS for the current fiscal year.

Institutional Trading of Realty Income

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DGS Capital Management LLC raised its holdings in shares of Realty Income by 4.3% in the fourth quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 158 shares during the last quarter. Tactive Advisors LLC raised its stake in Realty Income by 1.8% in the second quarter. Tactive Advisors LLC now owns 9,239 shares of the real estate investment trust’s stock valued at $572,000 after purchasing an additional 163 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Realty Income by 1.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 13,441 shares of the real estate investment trust’s stock worth $822,000 after purchasing an additional 196 shares in the last quarter. Florida Trust Wealth Management Co lifted its stake in Realty Income by 0.5% in the second quarter. Florida Trust Wealth Management Co now owns 41,359 shares of the real estate investment trust’s stock worth $2,563,000 after purchasing an additional 219 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of Realty Income by 2.6% during the second quarter. TD Waterhouse Canada Inc. now owns 8,797 shares of the real estate investment trust’s stock valued at $544,000 after purchasing an additional 225 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Company Profile

Realty Income Corporation is a real estate investment trust (REIT) that acquires, owns, and manages commercial properties leased to businesses under long-term agreements. The company is widely known as “The Monthly Dividend Company” for its focus on providing regular monthly dividend payments to shareholders.

Most of Realty Income’s properties are operated under single-tenant, triple-net lease arrangements. Under these agreements, tenants generally are responsible for property taxes, insurance, and maintenance expenses, while Realty Income collects contractual rent.