Realty Income (O) Commences 6M Common Offering
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Price: $61.25 -0.79%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5%
Revenue Growth %: -2.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5%
Revenue Growth %: -2.7%
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Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE: O), today announced that it has commenced an underwritten public offering of 6,000,000 shares of common stock. The company also plans to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock to cover overallotments, if any.
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