Realty Income (O) Raises Monthly Dividend 4% to $0.2105; 4.2% Yield

Realty Income (NYSE: O) declared a monthly dividend of $0.2105 per share, or $2.526 annualized. This is a 4% increase from the prior dividend of $0.2025.

The dividend will be payable on February 15, 2017, to stockholders of record on February 1, 2017, with an ex-dividend date of January 30, 2017.

The annual yield on the dividend is 4.2 percent.

"We are pleased that the continued success of our operations has allowed us to increase the amount of the dividend we pay to our shareholders, while still maintaining a strong dividend coverage ratio," said John P. Case, Chief Executive Officer of Realty Income. "With the payment of the February 2017 dividend, shareholders will enjoy an increase of 6% in the amount of their dividend as compared to the same month in 2016."

For a dividend history and other dividend-related data on Realty Income (O) click here.

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