Realty Income maintains monthly dividends and executes $188.7 million in share buybacks

Realty Income, a real estate investment trust (REIT), continues to execute its strategy of providing consistent monthly dividends and managing capital through significant financing measures.

The company recently announced its 674th consecutive monthly dividend of $0.2710 per share, which is scheduled for payment on September 15 to shareholders of record as of August 31. This represents the 115th quarterly increase and the 135th increase since its initial public offering.

To support growth and shareholder returns, Realty Income completed a $1.0 billion senior convertible notes offering on August 14. From the net proceeds, approximately $188.7 million was utilized for the repurchase of roughly 3.0 million shares. The company maintains a high occupancy level, reported at 98.8% for the second quarter, and has raised its adjusted funds from operations (AFFO) guidance for 2026 to between $4.44 and $4.45 per share.