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Realty Income Corporation (O)
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The payout ratio for Realty Income Corporation (O) stock is 276.67% over the past 12 months. O has a payout ratio of 276.7%, based on $3.24 of dividends per share and $1.22 of EPS.

REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

O Payout Ratio History

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$1.17$3.49298.0%
2024$0.98$2.87292.8%
2023$1.26$3.06242.8%
2022$1.42$2.97209.1%
2021$0.87$2.77318.9%
2020$1.15$2.72236.3%
2019$1.38$2.64191.0%
2018$1.26$2.56203.2%
2017$1.10$2.46223.8%
2016$1.13$2.33206.3%
2015$1.09$2.21202.9%
2014$1.03$2.12206.1%
2013$1.06$2.11199.2%
2012$0.79$1.72218.1%
2011$1.05$1.69160.5%
2010$1.01$1.67165.3%
2009$1.03$1.66160.7%
2008$1.06$1.62152.4%
2007$1.16$1.52131.1%
2006$1.11$1.40126.4%
2005$1.12$1.31117.1%
2004$1.15$1.21105.2%
2003$1.08$1.14106.0%
2002$1.02$1.12109.5%
2001$0.88$1.09123.8%
2000$0.85$1.06124.7%
1999$0.76$1.02133.6%
1998$0.78$0.96122.7%
1997$0.74$0.92124.4%
1996$0.70$0.83117.9%

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.

San Diego, CA
468 employees
Real Estate / REIT - Retail
Sector
Real Estate
Industry
REIT - Retail
CEO
Sumit Roy