Realty Income Corp. (NYSE: O) announced that its board of directors has declared an increase in the company's common stock monthly cash dividend to $0.15175 per share from $0.1514375 per share.
The dividend is payable on Jan. 15, 2013 to shareholders of record as of Jan. 2, 2013. This is the 69th dividend increase since Realty Income went public in 1994.
The new monthly dividend amount represents an annualized dividend amount of $1.821 per share as compared to the previous annualized dividend amount of $1.81725 per share.
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