Today Realty Income (O) announced a 0.2% increase in its monthly dividend for common stockholders. The dividend is raised from $0.2105 to $0.211. It was the 91th consecutive dividend increase since it went public. The dividend pay date is April 14, 2017 to shareholders of record on April 3, 2017 (ex dividend March 30, 2017).
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 April dividend, we will have made 561 consecutive monthly dividend payments and paid over $4.6 billion in dividends throughout our 48-year operating history.”
Vrijheid Fonds
The new dividend amount represents an annualized dividend amount of $2.532 per share, up from $2.526. The dividend yield on current price is 4.39 %.
My Vrijheid Fonds consist of 50 shares of Realty Income, my annual dividends will increase by $0.19 (after taxes). My projected annual total amount from my shares of O in 2017 will be a little bit more than €100 after taxes.
Again a nice step in my journey to financial independence. The Monthly Dividend Company keeps spitting out great results for my Vrijheid Fonds. I’m proud to be a co-owner 😉
DGI at work!
Cheers,
Pollie
Pollies –
Thank you for sharing, you’re always on top of it : )
-Lanny
👍
Some people make fun of the tiny dividend increase but it’s still an increase! And the power of monthly compounding makes it even better.
For more, visit us at TheDividendLife.com
I love every increase. No matter how small
Great stuff, I hope to add it to my portfolio in the future.
Would you consider it a buy at the current price?
I’m in doubt. o seems attractive, but I have to make some calculations