Overview
- Realty Income is set to pay roughly $0.27 per share on Dec. 15, implying an annualized dividend of $3.24 and a yield near 5.6%.
- The REIT has declared 666 consecutive monthly dividends and has lifted its payout 133 times since its 1994 listing.
- Its portfolio spans more than 15,000 properties under long-term triple-net leases that shift taxes, insurance, and maintenance costs to tenants.
- Guidance points to adjusted FFO of $4.25 to $4.27 per share this year, a dividend payout ratio around 76%, and strong A3/A- level credit ratings.
- Hartford Funds reports that since 1960, about 95% of the S&P 500’s cumulative total return came from compounding and reinvested dividends, with dividend growers delivering higher returns and lower volatility.