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Saturday, June 15, 2024

Realty Income Dividend Increase

On 11 June, Realty Income (O) increased its monthly dividend by 0.19%, from 26.25¢ to 26.30¢ per share.

The dividend will be paid on 15 July to shareholders of record on 1 July. The ex-dividend date is 1 July.

O's contribution to DivGro's projected annual dividend income will increase by $1.50 to $789.00.

I own 250 shares of O at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.16%. (O's forward yield is 5.91% at $53.37 per share). 

Since I opened my O position in August 2015, the stock has produced annualized total returns of 8%, including $2,345.92 in dividend income. 

5-Year History of Dividend Payouts by Ex-Date
201920202021202220232024
$2.7170$2.8010$2.8450$2.9690$3.0590$3.1305
2.96%3.09%1.57%4.36%3.03%2.34%
5-year DGR:3.00%2.87%

projected, assuming no further changes


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