Realty Income Increases Quarterly Dividend From $0.2565 To $0.2570 Per Share
Portfolio Pulse from Benzinga Newsdesk
Realty Income Corporation (NYSE:O) announced an increase in its monthly cash dividend to $0.2570 per share from $0.2565, payable on April 15, 2024. This marks the 124th dividend increase since its NYSE listing in 1994 and the 645th consecutive monthly dividend in its 55-year history.
March 13, 2024 | 8:21 pm
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POSITIVE IMPACT
Realty Income Corporation increased its monthly dividend to $0.2570 per share, continuing its history of dividend growth.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. Realty Income's consistent history of dividend growth further strengthens investor confidence in its stability and commitment to returning value to shareholders.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100