Realty Income (O) Announces 124th Dividend Increase Since Listing

Realty Income (O) Announces 124th Dividend Increase Since Listing

As expected, it is a steady realty startup, and it also announced an increase in dividends this time.

The dividend increase is said to be Realty Income's 124th dividend increase since going public in 1994,

It will pay a dividend of $0.2565 per share until March's payment, and an increased dividend of $0.2570 per share from next month's payment.

When the new monthly dividend is applied, it will record an annual dividend of $3.084 per share, compared to $3.078 per share for the previous full-year dividend.

Summit Roy, CEO of Realty Income, said,

"We remain committed to Realty Income's mission to provide our shareholders with reliable monthly dividends that increase over time. This increase marks the 106th consecutive quarterly increase in which we have declared a dividend increase since going public in 1994 and the 645th consecutive monthly dividend record in our 55-year operational history."

As expected, it's a company that is serious about monthly dividends. It's still operating well, so I think it would be good to collect the dividends from time to time. I saved a lot of money, so I'll try my best to collect it again