Dividend increase Realty Income (O)

Again a dividend increase from Realty Income for my Vrijheid Fonds.

Tuesday Realty Income (O) announced a 0.2% increase in its monthly dividend for common stockholders.

The dividend is raised from $0.2115 to $0.212. It was the 93nd consecutive dividend increase since it went public. The dividend pay date is October 13, 2017 to shareholders of record on October 2, 2017 (ex dividend September 29, 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 October dividend, we will have made 567 consecutive monthly dividend payments and paid over $4.9 billionin dividends throughout our 48-year operating history.


Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $2.544 per share, up from $2.538. The dividend yield on current price is 4.32%.

My Vrijheid Fonds consist of 50 shares of Realty Income, my annual dividends will increase by €0.026. For 2017 my dividends will increase by $0.06 after taxes.

My projected annual total amount from my shares of O will be €94 after taxes.

It is a very small increase, but very welcome!




11 thoughts on “Dividend increase Realty Income (O)

  1. KeithX

    Oh how I love O! 4 percent of our dividends come from this great REIT. My only disappointment with the raise is that it is only 5 ten-thousandths of a cent, or half of one-thousandth. Couldn’t they have raised it a whole one-thousandth of a cent? 😉

      1. KeithX

        I still love O, but the raise was less than one-quarter of one percent. Only about one-tenth the rate of inflation here in the States. I expected more, that’s all.

  2. KeithX

    I would like to correct the statement that I made regarding the small dividend increase. I was looking at the data as posted on nasdaq.com which is usually 100% correct. But either I misread it, or there were errors.

    The dividend paid on Oct 28, 2016 was $0.202. So, the increase to $0.212 is actually close to 5% higher than it was a year ago. O typically increases the dividend every quarter, as near as I can tell. (Part of the problem is that they pay out to the fourth decimal, but most websites truncate to three places.)

    5% is more than twice the rate of inflation and gets a big thumbs up from me! O and VTR are the only REITs left in our portfolio as I move to increase the quality of our holdings. SPG and PSA are possible future additions based on high S&P credit ratings (A for both), Morningstar management ratings of exemplary, and Value Line safety ratings of 1 for PSA and 2 for SPG. Note that SPG gets a narrow moat rating from M* while PSA gets none, so they both get 5 points out of 9 on my quality scale. If you are interested, you can see how I calculate this at Seeking Alpha – http://tinyurl.com/yc4xmp5b

    Thanks for sharing your work, Pollie!

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