Press Release Details

Sep 13, 2006

Realty Income Increases Common Stock Monthly Dividend 36th Consecutive Quarterly Increase

ESCONDIDO, CALIFORNIA, Sept. 13, 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 $0.125875 per share from $0.12525 per share. The new monthly dividend amount represents an annualized amount of $1.5105 per share. The dividend is payable on October 16, 2006 to shareholders of record as of October 2, 2006. This is the 36th consecutive quarter in which the Company has increased the amount of its monthly dividend and the 41st 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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