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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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