Realty Income increases monthly dividend to $0.2710

Realty Income has announced its 674th consecutive monthly dividend payment, scheduled for September 15. The dividend will be $0.2710 per share, which annualizes to $3.252 per share.

This payment marks the 115th consecutive increase over a period of approximately 31 years. The company utilizes a triple-net lease model, managing over 15,588 commercial properties where tenants typically cover costs such as property taxes, insurance, and maintenance.