O 📈 Realty Income - Overview

Realty Income Corporation, listed on the New York Stock Exchange as O, is a prominent S&P 500 company and a distinguished member of the S&P 500 Dividend Aristocrats index. By focusing on strategic investments in people and places, the company aims to provide shareholders with dependable monthly dividends that have a history of increasing over time. This approach is rooted in its structure as a real estate investment trust (REIT), which enables it to generate substantial cash flow from its vast portfolio of properties.

The company's portfolio comprises over 15,450 real estate properties, including those acquired through the Spirit merger in January 2024. These properties are primarily held under long-term net lease agreements with a diverse range of commercial clients. This business model allows Realty Income to maintain a stable and predictable income stream, which in turn supports its monthly dividend payments. With a history spanning 55 years, the company has consistently demonstrated its commitment to dividend payments, having declared 644 consecutive monthly dividends on its common stock.

Since its public listing in 1994, Realty Income has not only maintained but also grown its dividend payouts, with a total of 123 dividend increases to date. This track record underscores the company's dedication to delivering value to its shareholders through regular and increasing dividend payments. As a retail REIT, Realty Income operates within a specific segment of the real estate market, focusing on properties that are leased to retail tenants under long-term agreements. For more information about the company and its investment portfolio, visit https://www.realtyincome.com. Realty Income's common stock is traded under the ticker symbol O, with the ISIN code US7561091049, and is classified under the GICS Sub Industry of Retail REITs.