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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
2019 2020 2021 2022 2023 2024
$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


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