Press Release Details

Jun 17, 2008

Realty Income Increases Common Stock Monthly Dividend 43rd Consecutive Quarterly Increase

ESCONDIDO, CALIFORNIA, June 17, 2008. Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O) today announced that its Board of Directors has declared an increase in the Company’s common stock monthly dividend to $0.138 per share from $0.137375 per share. The new monthly dividend amount represents an annualized amount of $1.656 per share. The dividend is payable on July 15, 2008 to shareholders of record on July 1, 2008. This is the 43rd consecutive quarter in which the Company has increased the amount of its monthly dividend, and the 49th 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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