Dividend increase Realty Income (O) – September 2019

Earlier this week Realty Income (O) announced, like clockwork, a 0.2% increase in its monthly dividend for common stockholders.

The dividend is raised from $0.2265 to $0.227. It was the 103^rdconsecutive dividend increase since it went public. The dividend pay date is October 15, 2019 to shareholders of record on October 1, 2019 (ex dividend September 30, 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 103rd increase since our company’s public listing in 1994. With the payment of the October dividend, we will have made 591 consecutive monthly dividend payments throughout our 50-year operating history.“

Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $2.724 per share, up from $2.718. The dividend yield on current price is 3.6%.

My Vrijheid Fonds consist of 120 shares of Realty Income, my annual dividends will increase by €0.55 ($0.61). For 2019 my dividends will increase by €0.14 ($0.15) after taxes.

My projected annual total amount from my shares of O will be €247 ($273) after taxes.

Cheers,

Pollie

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