Realty Income, a real estate investment trust (REIT), is known for its consistent dividend payouts to its investors. The dividend payout for Realty Income is currently $0.2355 per share on a monthly basis. This equates to an annualized dividend yield of around 4.3% based on the current stock price.
Investors in Realty Income appreciate the steady income stream provided by the monthly dividend payouts. The company’s dividend payout history is impressive, with over 600 consecutive monthly dividends paid and 91 consecutive quarterly dividend increases.
Realty Income’s dividend payout is supported by its diversified portfolio of commercial properties, which includes retail, industrial, and office buildings located throughout the United States. The company’s focus on acquiring properties with long-term leases and strong tenants helps to ensure a stable cash flow to support its dividend payments.
Overall, the dividend payout for Realty Income is a key attraction for investors looking for consistent income from a reliable and well-established REIT. With a track record of steady dividend increases and a diverse portfolio of properties, Realty Income continues to be a popular choice for income-seeking investors.