Realty Income Corporation (NYSE:O) Shareholders Set to Receive $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 given a dividend of $0.2715 per share by the real estate investment trust on Friday, November 13th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, October 30th.

Realty Income has a payout ratio of 215.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Stock Up 0.6%

NYSE O opened at $55.04 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The stock has a market capitalization of $52.08 billion, a PE ratio of 40.17, a PEG ratio of 4.29 and a beta of 0.69. Realty Income has a 1 year low of $53.15 and a 1 year high of $67.93. The business’s 50-day moving average is $59.09 and its 200 day moving average is $61.46.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%. Realty Income’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Sell-side analysts forecast that Realty Income will post 4.42 earnings per share for the current year.

About Realty Income

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.