Yes they raised the dividend again like clockwork. I love these dividend raises that are small but over time add a bunch to what i own of course I don’t own a bunch of O but that’s OK someday i will.
SAN DIEGO, Sept. 12, 2017 /PRNewswire/ — 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 $0.212 per share from $0.2115 per share. The dividend is payable on October 13, 2017 to shareholders of record as of October 2, 2017. This is the 93rd dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for October’s dividend is September 29, 2017. The new monthly dividend represents an annualized dividend amount of $2.544 per share as compared to the current annualized dividend amount of $2.538 per share.
While not much you add it to all the rest and you start to see how it adds up over time. This raise adds .082 cents a year which isn’t much but it all adds up in the end.
O .082 4th raise
OHI 4.36 third raise this year
NRZ 9.27 second raise this year
O .081 This is the third raise for this year
OHI 2.03 2nd raise
announced last year effective this year
The total is $130.57 in raises so far.
Have you had any raises lately?
Disclaimer: Long all stocks mentioned