This hike happened last week so i am a littl late in getting it out but better late than never also working on my taxes so i will be glad when that is done.
SAN DIEGO, March 12, 2019 /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 $0.226 per share from $0.2255 per share. The dividend is payable on April 15, 2019 to shareholders of record as of April 1, 2019. This is the 101st dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for April’s dividend is March 29, 2019. The new monthly dividend represents an annualized dividend amount of $2.712 per share as compared to the current annualized dividend amount of $2.706 per share.
I own 38 shares of O this will add $.228 to my dividends. The new year is looking good already one of the best starts I have had and it will only get better as more dividend increases come in. The goal one day is to have my dividends pay all my current and future bills right now most months would be covered on bills but in the future i will have more.
So what does this mean for me? It means more money in my pocket or to be used to buy another stock. Who does not like more money.
O $.228 3rd raise
O $2.052 2nd raise
2019 total increases $68.738
Have you had any raises lately?