“We remain committed to our company’s mission to provide our shareholders with reliable monthly dividends that increase over time,” said Summit Roy, President and Chief Executive Officer of Realty Income. “Our board of directors has again determined that we can increase the amount of the monthly dividend to our shareholders and the 111the Increase since our company was listed in 1994. With the payment of the July dividend, we will have paid 612 consecutive monthly dividend payments in our 52-year history. ”
about the company
Realty Income, the monthly dividend companyÂ®, is an S&P 500 company dedicated to providing shareholders with reliable monthly income. The company is structured as a REIT and its monthly dividends are backed by the cash flow of over 6,600 properties owned by long-term leases with commercial clients. To date, in its 52-year history of operations, the company has declared 612 consecutive monthly dividends on common stock, increasing the dividend 111x since Realty Income’s listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend AristocratsÂ® Index. For more information about the company, visit the company website at www.realtyincome.com.
Statements in this press release that are not strictly historical are “forward-looking” statements. Forward-looking statements involve known and unknown risks that could cause the company’s actual future results to differ materially from the expected results. These risks include, but are not limited to, general economic conditions, domestic and foreign real estate conditions, the financial health of customers, the availability of capital to finance planned growth, volatility and uncertainty in the credit markets and financial markets in the broader sense, changes in exchange rates, property acquisitions and timing of these acquisitions, the structure, timing and completion of the announced mergers between us and VEREIT, Inc. and any implications of the announcement, pendency or completion of the announced mergers, including the anticipated benefits thereof, fees for property impairments, the effects of COVID-19 pandemic and the steps taken to limit its effects, the effects of pandemics or global outbreaks of contagious diseases or the fear of such outbreaks, the ability of customers to reasonably use their properties govern and perform their respective lease obligations to the company and the outcome of legal proceedings to which the company is a party, as described in the company’s filings with the Securities and Exchange Commission. As a result, forward-looking statements should be viewed as a reflection of the company’s current operating plans and estimates only. Actual results of operations could differ materially from those disclosed or projected in this press release. The company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made as a result of events or circumstances after the date of these statements.
SOURCE Realty Income Corporation