What is the dividend payment history and what is the current dividend yield?
When does the dividend get declared and paid?
- Dividends are declared when and if the Board of Directors approves the dividend during its regularly scheduled monthly meetings
- Dividend payments have historically occurred on the 15th of the month (or the next business day if the 15th is a weekend or holiday)
How often does Realty Income increase the dividend?
- Increases in the amount of the dividend are at the discretion of the Board of Directors and are generally determined by increases in the company’s cash flow, or adjusted funds from operations
- View our Dividend Amount and Track Record
How do I know when I need to buy shares to get the next monthly dividend?
- Our Board of Directors declares the dividend “record” date and “payable” date at its monthly Board meetings
- The “record” date is the deadline for being on record as an owner of Realty Income shares in order to receive that month’s dividend
- For example: if you wanted to be a shareholder of “record” to receive a dividend that is payable on the 15th of the next month, you would need to purchase shares at least three business days prior to the record date, which is typically the 1st of each month
- The term that is used to describe the last day you can purchase shares to be a shareholder of record on the record date, is the “ex div” date
- For more information, you can contact one of our financial relations managers at 877-924-6266 (toll free)
Is it more expensive to pay dividends monthly than quarterly?
There are some additional administrative costs associated with paying dividends monthly, rather than quarterly. However, we believe the benefits to our shareholders outweigh these additional costs.
Why does the company pay dividends monthly?
- We pay dividends monthly because we believe our shareholders desire monthly income to pay for monthly expenses