Realty Income's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Realty Income (NYSE:O) has announced that shareholders owning the stock before the ex-dividend date on Wednesday will be eligible for a monthly dividend payout of 25.65 cents per share. The stock is expected to open 25.65 cents lower on the ex-dividend date to reflect the payout, which will be distributed on February 15, 2024.

January 26, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Realty Income is set to pay a monthly dividend of 25.65 cents per share, with the ex-dividend date being this Wednesday. The stock price is expected to adjust lower by the dividend amount on the ex-dividend date.
The stock price of Realty Income is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by investors. The importance is significant as dividends are a key component of shareholder returns, especially for a company like Realty Income that pays monthly dividends. The confidence level is high due to the predictable nature of stock price adjustments on ex-dividend dates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100