Press Release Details

Mar 17, 2009

Realty Income Increases Common Stock Monthly Dividend 46th Consecutive Quarterly Increase

ESCONDIDO, CALIFORNIA, March 17, 2009. 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 cash dividend to $0.1420625 per share from $0.14175 per share. The dividend is payable on April 15, 2009 to shareholders of record as of April 1, 2009. This is the 46th consecutive quarterly increase and the 53rd dividend increase since Realty Income went public in 1994. The new monthly dividend amount represents an annualized dividend amount of $1.70475 per share as compared to the previous annualized dividend amount of $1.701 per share. The Company continues its long-term policy of declaring and paying dividends on a monthly, rather than on a quarterly, basis.

(Pricing delayed 20 minutes)