Realty Income Declares 502nd Consecutive Common Stock Monthly Dividend
ESCONDIDO, Calif.--(BUSINESS WIRE)-- Realty Income Corporation (O) (Realty Income), The Monthly Dividend Company ®, (NYSE:O), today announced that its Board of Directors has declared the 502nd consecutive common stock monthly dividend. The dividend amount of $0.1458125 per share, representing an annualized amount of $1.74975 per share, is payable on May 15, 2012 to shareholders of record as of May 1, 2012.
The Board of Directors also declared dividends on the Companys Monthly Income Class E and Class F preferred stock. The monthly dividend amount of $0.140625 on the Class E preferred stock is payable on May 15, 2012 to shareholders of record as of May 1, 2012. The annualized dividend amount for the Class E preferred shares is $1.6875. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on May 15, 2012 to shareholders of record as of May 1, 2012. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
Realty Income, The Monthly Dividend Company ®, is a New York Stock Exchange real estate company dedicated to providing shareholders with dependable monthly income. To date the Company has declared 502 consecutive common stock monthly dividends throughout its 43-year operating history and increased the dividend 65 times since Realty Incomes listing on the New York Stock Exchange in 1994. The monthly income is supported by the cash flow from over 2,600 properties owned under long-term lease agreements with regional and national retail chains and other commercial enterprises. The Company is an active buyer of commercial properties nationwide. Additional information about the Company can be obtained from the corporate website at http://www.realtyincome.com.
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Realty Income Corporation
Tere H. Miller
Vice President, Corporate Communications
(760) 741-2111, ext. 1177
Source: Realty Income CorporationCopyright Business Wire 2012