Realty Income Boosts Payout While Securing $800 Million in Fresh Capital

Realty Income Corporation, the prominent US real estate investment trust, is making strategic moves on two fronts simultaneously. The company has successfully raised substantial new capital through a bond offering while continuing its remarkable track record of rewarding shareholders, marking the 132nd consecutive increase to its dividend payment.

Demonstrating why it remains a favorite among income-focused investors, Realty Income has announced another enhancement to its monthly distribution. The company will now pay $0.2695 per share, maintaining its position as a Dividend Aristocrat with this being the 132nd time it has raised its payout.

For investors tracking payment schedules, critical dates approach rapidly. Shares will trade ex-dividend starting October 1, with actual distribution to shareholders scheduled for October 15. Those purchasing stock after September... Read more...