O - What is the Dividend Payout for Realty Income?
2024-07-10 09:05:00 ET
Realty Income (NYSE: O) is one of the most popular real estate investment trusts , or REITs, in the stock market. Since REITs are best known for their income potential, here are the key facts investors need to know about Realty Income's dividend payout -- past, present, and future.
Let's start with the easy answer. Realty Income currently pays dividends at a $3.16 annualized rate, paid in monthly installments. So, if you own the stock, you can expect one-twelfth of this amount to arrive in your brokerage account each month.
Dividend yield depends on stock price, which at Tuesday's close was $52.76. That puts Realty Income stock's dividend yield at 5.98%. This value will, of course, fluctuate a little once markets open on Wednesday.
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What is the Dividend Payout for Realty Income?