Pages

Monday, September 23, 2024

Realty Income Dividend Increase

On 10 September, Realty Income (O) increased its monthly dividend by 0.19%, from 26.30¢ to 26.35¢ per share.

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

O's contribution to DivGro's projected annual dividend income will increase by $1.50 to $790.50.

I own 250 shares of O at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.17%. (O's forward yield is 5.07% at $62.32 per share). 

Since opening my O position in August 2015, the stock has produced total returns of 41%, including $2,543.05 in dividend income. 

5-Year History of Dividend Payouts by Ex-Date
201920202021202220232024
$2.6311$2.7124$2.7706$2.9690$3.0590$3.1325
2.96%3.09%2.14%7.16%3.03%2.40%
5-year DGR:3.66%3.55%

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.