Dividend increase Realty Income (O) – March 2019
Yesterday Realty Income (O) announced a 0.2% increase in its monthly dividend for common stockholders. The dividend is raised from $0.2255 to $0.226. It was the 101st consecutive dividend increase since it went public. The dividend pay date is April 15, 2019 to shareholders of record on April 1, 2019 (ex dividend March 29, 2019).
President and Chief Executive Officer – Sumit Roy said:“We remain committed to our company’s mission of paying dependable monthly dividends to our shareholders that increase over time. Our Board of Directors has once again determined that we are able to increase the amount of the monthly dividend to our shareholders, marking the 101st increase since our company’s public listing in 1994. With the payment of the April dividend, we will have made 585 consecutive monthly dividend payments throughout our 50-year operating history.”
Vrijheid Fonds
The new dividend amount represents an annualized dividend amount of $2.712 per share, up from $2.706. The dividend yield on current price is 3.83%.
My Vrijheid Fonds consist of 120 shares of Realty Income, my annual dividends will increase by €0.40 ($0.46). My projected annual total amount from my shares of O will be €244 after taxes.
Again a nice increase from The Monthly Dividend Company!
Cheers,
Pollie
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