This week Realty Income (O) announced a 0.26% increase in its monthly dividend for common stockholders. The dividend is raised from $0.19 to $0.195. It was the 82nd consecutive dividend increase since it went public. The dividend pay date is October 15, 2015 to shareholders of record on October 1, 2015 (ex dividend 29 September, 2015).
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 October dividend, we will have made 543 consecutive monthly dividend payments and paid over $3.6 billion on dividends throughout our 46-year operating history”
The new dividend amount represents an annualized dividend amount of $2.286 per share, up from $2.28. The dividend yield on current price is 5.26 %.
My Vrijheid Fonds consist of 50 shares of Realty Income, my annual dividends will increase by $3.0. For 2015 my dividends will increase by $ 0.64 after taxes.
My projected annual total amount from my shares of O will be $99.45 after taxes.