DivGro is now DivGro 2.0!

DivGro moved to another platform and is now DivGro 2.0!

Please enjoy complimentary access to all the content on DivGro 2.0 until I formally launch it! You can sign up for free and join more than 1,325 existing members!

Complimentary access includes my monthly newsletter and articles like
 How to Assess Dividend Quality and The Chowder Ruleand a live spreadsheet of my DivGro Portfolio.

Read more About DivGro 2.0 ...

Monday, June 10, 2024

Reality Income Dividend Increase

On 20 May, Realty Income (O) increased its monthly dividend by 2.14%, from 25.70¢ to 26.25¢ per share.

The dividend will be paid on 14 June to shareholders of record on 3 June. The ex-dividend date is 3 June.

O's contribution to DivGro's projected annual dividend income will increase by $30.40 to $329.60.

I own 250 shares of O at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.15%. (O's forward yield is 5.98% at $52.71 per share). 

Since I opened my O position in August 2015, the stock has produced annualized total returns of 7%, including $2,217.42 in dividend income. 

5-Year History of Dividend Payouts by Ex-Date
201920202021202220232024
$2.717$2.801$2.845$2.969$3.059$3.127
2.96%3.09%1.57%4.36%3.03%2.22%
5-year DGR:3.00%2.85%

projected, assuming no further changes


Follow me at DivGro 2.0 or on Twitter or Facebook. 
 

No comments :

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.

Subscribe to Portfolio Insight and Save!

Use my affiliate link to sign up for a free 14-day, no-obligation trial of Portfolio Insight. No credit card required. If you decide to subscribe during the trial period, you'll receive a 20% discount on the first year's annual subscription price of $330. Please note the 20% affiliate discount does not apply to the monthly rate.