Last update: May 9, 2026 at 09:32
Dividend Safety Rating
O's dividend appears safe and well-supported. Strengths include a 71.9 debt-to-equity & 48.0% operating margin. Areas of concern: 265.0% 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
Strengths
- Debt-to-Equity: 71.9Conservative debt level relative to equity.
- Operating Margin: 48.0%Healthy operating margin provides a wide buffer.
- Gross Margin: 93.7%High gross margin signals strong pricing power.
Risks
- Earnings Payout Ratio: 265.0%High earnings payout ratio leaves little safety margin.
- Return on Equity: 2.8%Return on equity is below industry norms.
- CFO Payout Ratio: 80.7%Operating cash flow leaves little room for the payout.
Payout & Coverage
WarningBalance Sheet
SafeProfitability
SafeDividend Track Record
Very SafeAbout 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
5.23%
Annual Dividend
$3.24
Frequency
Monthly
Payout Ratio
265.00%
FCF Payout Ratio
73.12%
Stock Price
$61.92
52-Week Range
$54.38 – $67.94
Dividend History (2016–2025)
O annual dividend per share and yield history
Earnings & Profitability
O earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
April 30, 2026
Next Payment Date
May 15, 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.
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Frequently Asked Questions
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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 Safety Rating, 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.