Realty Income Dividends and Buybacks
Dividend criteria checks 6/6
Realty Income is a dividend paying company with a current yield of 5.69% that is well covered by earnings. Next payment date is on 13th June, 2025 with an ex-dividend date of 2nd June, 2025.
Key information
5.7%
Dividend yield
-3.6%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 3.5% |
| Next dividend pay date | 13 Jun 25 |
| Ex dividend date | 02 Jun 25 |
| Dividend per share | n/a |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Realty Income: Yields Exceeding 5.5% Through Monthly Dividends At A Strong Valuation
Jun 02Realty Income Q1 Preview: 7% Equity Bond In Disguise
Apr 28Realty Income: A Fortress Of Cash Flow In A Shaky World
Apr 22Very Bad News For Realty Income
Apr 14Realty Income: Back In The Buy Zone With >5% In Dividend Yields
Mar 29Realty Income: How To Earn High Annualized Yields On This Monthly Dividend REIT Through Options
Mar 21Realty Income: Long-Term Dividend Investors Can't Really Go Wrong Buying Here
Mar 12Realty Income: Never Not A Good Time To Add More Shares
Mar 043 Reasons I Bought More Realty Income Before Earnings And So Should You
Feb 21Realty Income: Valuation Is The Market's 'Gift Of The Decade'
Feb 13Realty Income: This Chart Shows It's Time To Buy
Feb 05Realty Income: A Powerful Combination Of Catalysts
Jan 262 Dividend Growth Income Machines: Realty Income Vs. NNN
Jan 14Realty Income: 3 Reasons To Be Greedy When Others Are Fearful
Jan 07Realty Income: Shares Are Too Cheap
Dec 23Realty Income: Buy The Dip
Dec 17Realty Income: Turning Bullish For Once
Dec 09Realty Income: Say Thank You As Buying Opportunity Returns
Nov 27Bad News For Realty Income
Nov 19Doubling Down On Realty Income
Nov 12Realty Income Drops Earnings: The Foundation Shakes
Nov 05Realty Income Q3 Earnings Preview: What To Look For
Oct 30Realty Income: A Hall-Of-Fame Dividend Aristocrat
Oct 21Dividend Aristocrat With Big Upside Potential: Realty Income
Oct 15Realty Income: Dividend Powerhouse With Potential Upside
Oct 04Realty Income's Next Big Move
Sep 27Who Says You Can't Seek Alpha With Higher Yields Like Realty Income?
Sep 18If You Are Here Seeking Alpha, Why Are You Buying Realty Income Or Other High-Yield Equities?
Sep 09Realty Income Provides Reliable Dividends And Growth Potential
Sep 03Realty Income: Europe And The Final Countdown To Rate Cuts
Aug 26
Strategic Growth And Diversification Across Global Markets To Boost Revenue And Earnings
Realty Income's diversified investments in U.S. and European real estate sectors aim to bolster revenue and earnings through global sourcing and acquisition.Realty Income: Demystifying Bearish Arguments And Keeping The Dividend Story Alive
Aug 19Realty Income Comes Out With A Double Beat And Continues Raising The Dividend
Aug 07Realty Income: What The Bulls Are Missing
Jul 24Realty Income: Getting Close To $60 Per Share, Time To Buy
Jul 18Realty Income: Probably Best Price For A Great REIT
Jul 12Who's Suffering From Realty Income Writing Fatigue? Not Me
Jul 05Realty Income: 8 Year Return Drought
Jun 27Realty Income: Valuation Is Once In A Lifetime
Jun 17Realty Income: Rich Dividend Yields, With Profitable Spread Triggering AFFO Growth
Jun 01Realty Income: Set For A New Upleg
May 20Realty Income: A Set-It-And-Forget-It REIT With A 6% Yield
May 09Realty Income: Monthly Income On Sale For The Long-Term Investor
Apr 30Very Bad News For Realty Income
Apr 22Realty Income: Compounding The 5.97% Yield Into A Great Investment
Apr 15Realty Income Corp.: Reliable 'Aristocratic' Yield For Your Dividend Growth Portfolio
Apr 02Realty Income: A Monthly Dividend Champion
Mar 26Realty Income: Perhaps The Smartest 6% Yield You Can Own
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: O's dividends per share have been stable in the past 10 years.
Growing Dividend: O's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Realty Income Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (O) | 5.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Retail REITs) | 5.1% |
| Analyst forecast (O) (up to 3 years) | 6.0% |
Notable Dividend: O's dividend (5.69%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: O's dividend (5.69%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.6%), O's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.5%), O's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/02 12:02 |
| End of Day Share Price | 2025/06/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Realty Income Corporation is covered by 49 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Richard Hightower | Barclays |
| Nathan Crossett | Berenberg |