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Wednesday, September 13, 2023

O Dividend Increase

Realty Income ($O) announced its next dividend of $0.256 per share, a 0.20% increase over the company's previous payout of $0.2555.

DivGro's annual dividend will increase by $2.10 as a result.

I own 500 shares of O at an average cost basis of $56.29 per share. Following this increase, my yield on cost is 5.46%. In comparison, O's forward yield is 6.11% at $50.30 per share. 


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