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Dividend increase Realty Income (O)

Today Realty Income (O) announced a 0.2% increase in its monthly dividend for common stockholders. The dividend is raised from $0.202 to $0.2025. It is the 89th consecutive dividend increase since it went public. The dividend pay date is January 13, 2017 to shareholders of record on January 3, 2017 (ex dividend December 29, 2016).

 

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Chief Executive Officer – John P. Case said:

We are pleased that our Board of Directors has once again determined that we are able to increase the amount of the monthly dividend we pay to our shareholders. With the payment of the January dividend, we will have made 558 consecutive monthly dividend payments and paid over $4.4 billion in dividends throughout our 47-year operating history.”

 

Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $2.43 per share, up from $2.424. The dividend yield on current price is 4.33 %. My Vrijheid Fonds consist of 50 shares of Realty Income, my annual dividends will increase by $0.26.

My projected annual total amount from my shares of O in 2017 will be €97 after taxes.

It is a small increase, and it is welcome.

DGI at work!

Cheers,

Pollie

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8 thoughts on “Dividend increase Realty Income (O)

  1. Captain Dividend

    I would really like to get back in Realty Income some time, it looks like there could be more selling pressure if rates continue to climb though. The Fed has stated they could hike as many as three times next year which would put pressure on shares. I might dip my toes in still and buy on the way down.

    1. Pollie Post author

      Every small increase is welcome and helps you in your journey.

      I use all different kind of websites. But mostly the companies websites.

      Cheers,

      Pollie

    1. Pollie Post author

      I agree. I like this stock very much.
      According to David Fish, Realty Income is a dividend contender with 24 consecutive dividend years.
      So one more year and they will be a dividend aristocrat!

      Cheers,

      Pollie

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