Realty Income announced its Board of Directors has declared an increase in the company’s common stock monthly cash dividend to 25.50c per share from 25.45c per share. The dividend is payable on April 14 to stockholders of record as of April 3. This is the 120th dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for March’s dividend is March 31. The new monthly dividend represents an annualized dividend amount of $3.060 per share as compared to the prior annualized dividend amount of $3.054 per share.
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