Realty Income Increases Cash Dividend From $0.2570 To $0.2625 Per Share
Portfolio Pulse from Benzinga Newsdesk
Realty Income Corporation (NYSE: O) has announced an increase in its monthly cash dividend from $0.2570 to $0.2625 per share, payable on June 14, 2024. This marks the 125th dividend increase since its NYSE listing in 1994.
May 17, 2024 | 8:07 pm
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Realty Income Corporation has increased its monthly cash dividend to $0.2625 per share, payable on June 14, 2024. This is the 125th increase since its NYSE listing in 1994.
The increase in the monthly cash dividend is likely to be viewed positively by investors, as it reflects the company's ongoing commitment to returning value to shareholders. This could lead to a short-term increase in the stock price.
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