
Realty Income is a real estate investment trust (REIT) that has been paying dividends for over 50 years.
The company has a history of stability and growth, making it an attractive option for investors seeking a steady income stream.
Realty Income's preferred stock offers a 5.25% annual dividend yield, which is significantly higher than the average preferred stock yield.
This makes it an attractive option for investors seeking a high-yielding investment.
The company's preferred stock is also non-cumulative, meaning that if a dividend is skipped, it will not be made up in future periods.
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Realty Income Dividend News
Realty Income Corporation declared dividends on its Monthly Income Class E and Class F preferred stock, with monthly dividend amounts of $0.140625 per share and $0.138021 per share, respectively.
The monthly dividend amount on the Class E preferred stock is for an annualized amount of $1.6875 per share, while the monthly dividend amount on the Class F preferred stock is for an annualized amount of $1.656252 per share.
The dividends are payable on February 15, 2013 to shareholders of record as of February 1, 2013.
Realty Income Declares Dividends

Realty Income Corporation has declared dividends on its Monthly Income Class E and Class F preferred stock.
The monthly dividend amount on the Class E preferred stock is $0.140625 per share, for an annualized amount of $1.6875 per share.
The monthly dividend amount on the Class F preferred stock is $0.138021 per share, for an annualized amount of $1.656252 per share.
Shareholders of record as of February 1, 2013 will receive the monthly dividends on February 15, 2013.
Realty Income, The Monthly Dividend Company, has a long history of providing dependable monthly income to its shareholders, with 511 consecutive common stock monthly dividends declared throughout its 44-year operating history.
Realty Income Announces Full Redemption
Realty Income Corporation is redeeming all 6,900,000 shares outstanding of its 6.000% Series A Cumulative Redeemable Preferred Stock.
The redemption will take place on September 30, 2024, with a record date of September 13, 2024.
Each share will be redeemed at $25.00 per share, plus accrued and unpaid dividends to September 30, 2024 in an amount equal to approximately $0.3750 per share.
The total payment for each share will be approximately $25.375 per share.
The redemption is consistent with Realty Income's capital management strategy and reflects its ongoing efforts to enhance the efficiency of its funding and balance sheet structure.
The redemption agent will be Computershare, Inc.
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Dividend Yield and Analysis

When analyzing the dividend yield of Realty Income's preferred stock, we can see that the current yield is 0.67%. This is significantly lower than the category high of 48.46%.
The dividend yield is a crucial metric for investors, as it indicates the return on investment for a stock's dividend payments. In the case of Realty Income's preferred stock, the yield is relatively low, ranking 4.85% compared to other stocks in the same category.
Here's a comparison of Realty Income's preferred stock (URTLX) to its category low and high:
This comparison gives us a better understanding of where Realty Income's preferred stock stands in terms of dividend yield within its category.
Real Estate Income Fund
The Real Estate Income Fund is designed to provide high current income and potential for modest long-term growth of capital.
This fund offers access to a professionally managed portfolio of preferred shares and senior securities that may provide income-oriented investors with attractive yields and the potential for inflation-protected income.

One of the key features of this fund is its investment in real estate investment trust (REIT) common stocks, which may also include opportunities in small capitalization REITs.
The team behind the fund employs a rigorous, repeatable, bottom-up investment approach that incorporates both quantitative and qualitative analyses of companies' cash flow, assets, and management to identify securities with the most risk-adjusted appreciation potential.
The fund's team adjusts to changing market fundamentals through sector and geographic rotation, employs active stock selection, and leverages their experience in real estate security portfolio management.
The advisor has contractually agreed to reduce fees and reimburse expenses until April 30, 2025, which may impact the fund's total return and yield.
The subsidized SEC yield is calculated using a standardized formula mandated by the SEC, which takes into account the effect of any fee waivers.
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Frequently Asked Questions
Does Realty Income have preferred shares?
Yes, Realty Income offers preferred shares, specifically the 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock (O. PRF), providing a regular income stream.
Is Realty Income dividend sustainable?
Yes, Realty Income's dividend is considered sustainable due to its manageable payout ratio of around 79%. With room for potential future increases, investors can feel confident in this reliable income stream.
Sources
- https://ca.sports.yahoo.com/news/2012-09-18-realty-income-declares-preferred-stock-monthly-div.html
- https://www.realtyincome.com/investors/press-releases/realty-income-announces-full-redemption-its-series-preferred-stock
- https://www.prnewswire.com/news-releases/realty-income-announces-full-redemption-of-its-series-a-preferred-stock-302232879.html
- https://www.dividend.com/funds/urtlx-jpmorgan-realty-income-l/
- https://westwoodgroup.com/product/real-estate-income-fund/
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