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Monday, December 16, 2024

Realty Income Dividend Increase

On 10 December, Realty Income (O) increased its monthly dividend by 0.19%, from 26.35¢ to 26.40¢ per share.

Payable Jan. 15; for shareholders of record Jan. 2; ex-div Jan. 2.

The new dividend will be paid on 15 January 2025 to shareholders of record on 2 January 2025. The ex-dividend date is 2 January 2025.

O's contribution to DivGro's projected annual dividend income will increase by $1.50 to $612.

I own 250 shares of O at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.18%. (O's forward yield is 5.72% at $55.34 per share). 

Since opening my position in August 2015, the stock has generated a total return of 29%, including $2,676.23 in dividend income. That's an annualized rate of return of 6.5%.

5-Year History of Dividend Payouts by Ex-Date
202020212022202320242025
$2.8010$2.8450$2.9690$3.0590$3.1315$3.1680
3.09%1.57%4.36%3.03%2.37%1.17%
5-year DGR:2.88%2.49%

projected, assuming no further changes


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