Back to Dividend Stocks
O

Realty Income Corporation

Dividend AristocratS&P 500
O|Real Estate|REIT - Retail|$60.46|P/E 55.1|MCap 60.8B|NYSE

Last update: Mar 25, 2026 at 04:53

About Realty Income Corporation

Realty Income Corporation is a real estate investment trust (REIT) specializing in freestanding, single-tenant commercial properties leased under triple-net (NNN) agreements. These leases require tenants to cover property taxes, insurance, and maintenance, providing Realty Income Corporation with stable, predictable cash flows. The portfolio comprises over 15,500 properties across all 50 U.S. states, the United Kingdom, and seven other European countries, serving approximately 250 tenants from 47 industries, primarily retail, with growing exposure to industrial, gaming, office, manufacturing, and distribution sectors. Known as The Monthly Dividend Company, it delivers dependable monthly dividends to shareholders, distinguishing it in the REIT sector. Realty Income Corporation acts as a full-service real estate capital provider to leading companies, focusing on generating consistent income from a diversified, high-quality asset base. Founded in 1969 and headquartered in San Diego, California, it plays a key role in the commercial real estate market by offering long-term, investment-grade lease structures that support tenant operations while prioritizing income reliability for investors.

Dividend Overview

Dividend Yield

4.98%

Annual Dividend

$3.23

Frequency

Monthly

Payout Ratio

275.47%

FCF Payout Ratio

73.12%

Stock Price

$60.46

52-Week Range

$50.71 $67.94

Dividend Health Score

63/ 100Safe

O's dividend appears safe and well-supported. Strengths include a 73.5 debt-to-equity & 47.0% operating margin. Areas of concern: 275.5% earnings payout ratio & 80.7% cfo payout ratio. As a Dividend Aristocrat with 25+ consecutive years of increases, O has a proven commitment to shareholders. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Payout & Coverage

Warning
Earnings Payout Ratio
275.5%Danger
FCF Payout Ratio
73.1%Caution
CFO Payout Ratio
80.7%Warning
Interest Coverage
2.0xWarning

Balance Sheet

Safe
Net Debt / Total Assets
39.7%Caution
Current Ratio
1.2xCaution
Debt-to-Equity
73.5Very Safe

Profitability

Safe
Return on Equity
2.7%Danger
Operating Margin
47.0%Very Safe
Gross Margin
93.7%Very Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
5.1%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

O annual dividend per share and yield history

Earnings & Profitability

O earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 31, 2026

Next Payment Date

March 13, 2026

Dividend Growth

3-Year Dividend CAGR

5.53%

5-Year Dividend CAGR

5.15%

10-Year Dividend CAGR

4.68%

3-Year Total Growth

17.53%

5-Year Total Growth

28.57%

10-Year Total Growth

58.02%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

O Dividend Calculator

Total Investment

$6,046.00

Annual Income

$323.40

Quarterly Income

$80.85

Monthly Income

$26.95

Similar Dividend Stocks

StockYield5Y CAGRPrice
O
O
4.98%5.15%$60.46
FRT
FRT
4.19%0.98%$103.12
KIM
KIM
4.40%13.34%$22.56
REG
REG
3.77%3.82%$74.58
SPG
SPG
4.57%7.34%$178.27

Frequently Asked Questions

What is O's current dividend yield?
Realty Income Corporation (O) currently has a dividend yield of 4.98%, based on a stock price of $60.46 and an annual dividend of $3.23.
When is O's next dividend payment date?
O's next ex-dividend date is 2026-03-31 and the next payment date is 2026-03-13. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does O pay in dividends per year?
Realty Income Corporation paid $3.49 per share in annual dividends in 2025. The dividends are paid monthly.
Has O been increasing its dividend?
Yes, Realty Income Corporation is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 5.15%, a 3-year CAGR of 5.53% and a 10-year CAGR of 4.68%.
Is O's dividend safe?
Realty Income Corporation has a payout ratio of 275.47%. Its free cash flow payout ratio is 73.12%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is O's Dividend Health Score calculated?
The Dividend Health Score evaluates Realty Income Corporation's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track O Dividends with OnlyDividends

What will O actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.