Press Release Details

Jun 14, 2006

Realty Income Increases Common Stock Monthly Dividend 35th Consecutive Quarterly Increase

ESCONDIDO, CALIFORNIA, June 14, 2006. Realty Income Corporation (Realty Income), The Monthly Dividend Company(R), (NYSE:O) today announced that its Board of Directors has declared an increase in the Company's common stock monthly dividend to $0.1175 per share from $0.116875 per share. The new monthly dividend amount represents an annualized amount of $1.41 per share. The dividend is payable on July 17, 2006 to shareholders of record as of July 3, 2006. This is the 35th consecutive quarter in which the Company has increased the amount of its monthly dividend and the 39th increase since Realty Income went public in 1994. The Company continues its long-term policy of declaring and paying common stock dividends on a monthly, rather than on a quarterly, basis.

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