Realty Income Announces It Has Declared An Increase In Common Stock Monthly Cash Dividend From $0.2630 To $0.2635 Per Share
Portfolio Pulse from Benzinga Newsdesk
Realty Income Corporation has announced a slight increase in its monthly cash dividend from $0.2630 to $0.2635 per share, marking the 127th increase since its NYSE listing in 1994. The new annualized dividend is $3.162 per share.
September 10, 2024 | 8:16 pm
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Realty Income Corporation has increased its monthly dividend from $0.2630 to $0.2635 per share. This marks the 127th dividend increase since its NYSE listing, reflecting the company's commitment to returning value to shareholders.
The increase in the monthly dividend, although slight, is a positive signal to investors about the company's financial health and its commitment to shareholder returns. This is likely to have a positive short-term impact on the stock price as it may attract income-focused investors.
CONFIDENCE 90
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