Realty Income Corporation (O) to Issue Monthly Dividend of $0.27 on April 15th

Realty Income Corporation (NYSE:O) declared a monthly dividend on Wednesday, March 11th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.2705 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 0.2% increase from Realty Income’s previous monthly dividend of $0.27.

Realty Income has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. Realty Income has a dividend payout ratio of 214.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Realty Income to earn $4.32 per share next year, which means the company should continue to be able to cover its $3.24 annual dividend with an expected future payout ratio of 75.0%.

Realty Income Stock Up 0.3%

Shares of Realty Income stock opened at $64.93 on Friday. The stock has a market cap of $60.54 billion, a price-to-earnings ratio of 55.50, a price-to-earnings-growth ratio of 4.84 and a beta of 0.77. The company has a fifty day moving average price of $62.81 and a 200 day moving average price of $59.84. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.72. Realty Income has a twelve month low of $50.71 and a twelve month high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, hitting the consensus estimate of $1.08. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. Realty Income’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Equities research analysts forecast that Realty Income will post 4.19 earnings per share for the current fiscal year.

Institutional Trading of Realty Income

Hedge funds and other institutional investors have recently bought and sold shares of the stock. DGS Capital Management LLC increased its holdings in shares of Realty Income by 4.3% in the fourth quarter. DGS Capital Management LLC now owns 3,836 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 158 shares during the last quarter. Patrick M Sweeney & Associates Inc. boosted its position in shares of Realty Income by 4.5% during the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 3,801 shares of the real estate investment trust’s stock worth $214,000 after purchasing an additional 164 shares in the last quarter. CYBER HORNET ETFs LLC boosted its holdings in Realty Income by 7.4% in the fourth quarter. CYBER HORNET ETFs LLC now owns 2,417 shares of the real estate investment trust’s stock worth $136,000 after acquiring an additional 166 shares in the last quarter. Sage Private Wealth Group LLC boosted its stake in shares of Realty Income by 2.2% in the fourth quarter. Sage Private Wealth Group LLC now owns 7,844 shares of the real estate investment trust’s stock worth $442,000 after acquiring an additional 170 shares during the period. Finally, Crescent Sterling Ltd. raised its holdings in Realty Income by 4.1% in the 3rd quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock valued at $274,000 after acquiring an additional 176 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

About Realty Income

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.