Realty Income Corporation (O) To Go Ex-Dividend on August 31st

Realty Income Corporation (NYSE:O) declared a monthly dividend on Tuesday, August 18th. Stockholders of record on Monday, August 31st will be given a dividend of 0.271 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Monday, August 31st.

Realty Income has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 31 years. Realty Income has a payout ratio of 215.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Realty Income to earn $4.60 per share next year, which means the company should continue to be able to cover its $3.25 annual dividend with an expected future payout ratio of 70.7%.

Realty Income Stock Up 0.4%

Shares of Realty Income stock opened at $62.03 on Friday. The stock has a market capitalization of $58.69 billion, a price-to-earnings ratio of 45.28, a PEG ratio of 4.39 and a beta of 0.71. Realty Income has a twelve month low of $55.86 and a twelve month high of $67.93. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The business’s 50 day simple moving average is $63.31 and its 200-day simple moving average is $63.16.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities research analysts forecast that Realty Income will post 4.43 earnings per share for the current year.

Realty Income Company Profile

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.