Realty Income (O) Dividend Increase

By Ferdi S of DivGro

Dividend Growth Investor • Mar 16, 2024 at 1:25 PM EDT

Realty Income recently increased its monthly dividend by 0.19%, from 25.65 cents to 25.7 cents per share. The dividend will be paid on April 15 to shareholders of record on April 1. The ex-dividend date is March 29.

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Realty Income (O) recently increased its monthly dividend by 0.19%, from 25.65 cents to 25.7 cents per share. The dividend will be paid on April 15 to shareholders of record on April 1. The ex-dividend date is March 29.

Realty Income's contribution to my portfolio's projected annual dividend income will increase by $3 to $1,542.

I own 500 shares of the REIT at an average cost basis of $56.29 per share. Following this increase, my yield on cost is 5.48% (Realty Income's forward yield is 5.91% at $52.19 per share).

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Disclaimer:

I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. Please use common sense or consult an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites.

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