description Realty Income Corporation Overview
Realty Income Corporation (O) is a real estate investment trust specializing in monthly dividend payments derived from leases of retail properties to a diverse portfolio of tenants, primarily within the discount and drug categories.
help Realty Income Corporation FAQ
How often does Realty Income Corporation pay dividends?
Realty Income Corporation is known for paying dividends on a monthly basis, which is why it markets itself as "The Monthly Dividend Company." It trades on the New York Stock Exchange under the ticker symbol O.
What type of company is Realty Income Corporation?
Realty Income Corporation is a real estate investment trust (REIT) that derives income from leasing retail properties to a diverse portfolio of tenants. REITs are required to distribute the majority of their taxable income to shareholders as dividends.
What kind of tenants does Realty Income typically lease to?
Realty Income's tenant base is primarily within the discount retail and drug store categories, which tend to be more recession-resistant. This diversification across stable retail sectors is intended to provide consistent rental income for dividend payments.
What stock ticker is Realty Income listed under?
Realty Income Corporation trades on the New York Stock Exchange under the ticker symbol O. The company is widely followed by income-oriented investors because of its monthly dividend distribution schedule.
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