Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company
®, today announced its Board of Directors has declared an increase in the company's common stock monthly cash dividend to
$0.2025 per share from
$0.202 per share. The dividend is payable on
January 13, 2017 to shareholders of record as of
January 3, 2017. This is the 89
th
dividend increase since Realty Income's listing on the NYSE in 1994.
The ex-dividend date for January's dividend is December 29, 2016. The
new monthly dividend amount represents an annualized dividend amount of
$2.43 per share as compared to the previous annualized dividend amount of
$2.424 per share.
Ridiculously small increase, but hey...an increase is always better than decrease :)
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