O Dividends
Realty Income Corporation (O) pays $3.24 in dividends per share, with a current dividend yield of 5.28%. The company has dividend history for 29 consecutive years.
O Dividend Summary
5.28%
$3.24
276.67%
72.22%
Consecutive Years
29
Most Recent Ex-Date
May 29, 2026
Next Payment Date
Jun 15, 2026
O Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
O Dividends CAGR Chart
Realty Income Corporation (O)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.35 | — |
| 2025 | $3.49 | N/A |
| 2024 | $2.87 | N/A |
| 2023 | $3.06 | +3.03% |
| 2022 | $2.97 | +7.01% |
| 2021 | $2.77 | +2.11% |
| 2020 | $2.72 | +3.09% |
| 2019 | $2.64 | +2.95% |
| 2018 | $2.56 | +4.01% |
| 2017 | $2.46 | +5.57% |
| 2016 | $2.33 | +5.43% |
| 2015 | $2.21 | +4.15% |
| 2014 | $2.12 | +0.55% |
| 2013 | $2.11 | +22.56% |
| 2012 | $1.72 | +2.24% |
| 2011 | $1.69 | +0.92% |
| 2010 | $1.67 | +0.88% |
| 2009 | $1.66 | +2.46% |
| 2008 | $1.62 | +6.18% |
| 2007 | $1.52 | +8.43% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.54 | — |
| Q1 2026 | $0.81 | +1.82% |
| Q4 2025 | $1.08 | — |
| Q3 2025 | $0.81 | +2.28% |
| Q2 2025 | $0.81 | — |
| Q1 2025 | $0.80 | +3.38% |
| Q4 2024 | $0.79 | +2.86% |
| Q3 2024 | $0.79 | +2.87% |
| Q2 2024 | $0.52 | — |
| Q1 2024 | $0.77 | +1.58% |
| Q4 2023 | $0.77 | +3.22% |
| Q3 2023 | $0.77 | +3.23% |
| Q2 2023 | $0.77 | +3.24% |
| Q1 2023 | $0.76 | +2.43% |
| Q4 2022 | $0.74 | +3.23% |
| Q3 2022 | $0.74 | +8.30% |
| Q2 2022 | $0.74 | +8.39% |
| Q1 2022 | $0.74 | +8.32% |
| Q4 2021 | $0.72 | +5.87% |
| Q3 2021 | $0.69 | +0.86% |
| Q2 2021 | $0.68 | +0.86% |
| Q1 2021 | $0.68 | +0.85% |
| Q4 2020 | $0.68 | +3.08% |
| Q3 2020 | $0.68 | +3.08% |
Dividend Yield Metrics
- Current Yield
- 5.28%
- Average Yield (TTM)
- 5.28%
- Average Yield (3Y)
- 5.12%
- Forward Yield on Cost (3Y)
- 6.64%
- Forward Yield on Cost (5Y)
- 7.74%
- Forward Yield on Cost (10Y)
- 11.32%
Payout Ratio Analysis
- Payout Ratio (Current)
- 276.67%
- FCF Payout Ratio
- 72.22%
- Payout Ratio (3Y Avg)
- 277.86%
- Payout Ratio (5Y Avg)
- 272.31%
- FCF Payout (3Y Avg)
- 74.94%
- FCF Payout (5Y Avg)
- 77.33%
For REITs, the net-income payout ratio overstates sustainability — large non-cash depreciation depresses net income, so it often reads >100%. The FCF payout ratio above (or FFO/AFFO, the REIT-standard basis) is the more meaningful gauge.
Dividend Coverage
About Realty Income Corporation
Known as "The Monthly Dividend Company," Realty Income is an S&P 500 corporation committed to delivering reliable monthly income to its shareholders. Operating as a Real Estate Investment Trust (REIT), its monthly payouts are generated from the consistent cash flow of over 6,500 commercial properties, which are leased to various businesses under long-term contracts. With a remarkable 52-year operational history, the firm (NYSE: O) has announced 608 uninterrupted monthly dividends for its common stock and has increased its dividend payout 109 times since going public in 1994. It also holds a distinguished position within the S&P 500 Dividend Aristocrats index. For additional details, please visit the company's official website at www.realtyincome.com.
- Sector
- Real Estate
- Industry
- REIT - Retail
- CEO
- Sumit Roy