Realty Income Dividend Increase
On 11 June, Realty Income (O) increased its monthly dividend by 0.19%, from 26.25¢ to 26.30¢ per share.
The dividend will be paid on 15 July to shareholders of record on 1 July. The ex-dividend date is 1 July.
O’s contribution to DivGro’s projected annual dividend income will increase by $1.50 to $789.00.
I own 250 shares of O at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.16%. (O’s forward yield is 5.91% at $53.37 per share).
Since I opened my O position in August 2015, the stock has produced annualized total returns of 8%, including $2,345.92 in dividend income.
5-Year History of Dividend Payouts by Ex-Date
| 2019 | 2020 | 2021 | 2022 | 2023 | • | 2024 |
| $2.7170 | $2.8010 | $2.8450 | $2.9690 | $3.0590 | ⬆ | $3.1305✝ |
| 2.96% | 3.09% | 1.57% | 4.36% | 3.03% | ⬇ | 2.34% |
| 5-year DGR: | 3.00% | ⬇ | 2.87% | |||
✝projected, assuming no further changes
