Realty Income utilizes triple-net leases and monthly dividends

Realty Income, a prominent real estate investment trust (REIT), distinguishes itself by paying dividends on a monthly basis rather than the standard quarterly schedule. The company maintains a vast portfolio consisting of over 15,500 properties leased to approximately 1,800 clients across 92 different industries, including retail, industrial, grocery, and healthcare.

The company utilizes a triple-net lease model, which shifts responsibilities for real estate taxes, property insurance, and operating expenses to the tenants. This structure contributes to predictable rental income. As of the second quarter of 2026, the company reported a portfolio occupancy level of 98.9%, with a weighted average remaining lease term of 8.6 years.