Realty Income is the owner of approximately 12,200 properties. The majority of these properties are retail properties that are freestanding, single-tenant, and triple-net-leased. These properties are situated in 49 states and Puerto Rico and are leased to 250 tenants from 47 different industries. Realty Income has recently acquired additional properties that include industrial, office, manufacturing, and distribution properties, accounting for approximately 17% of their revenue.
Realty Income is an S&P 500 company and is part of the S&P 500 Dividend Aristocrats® index. For over five decades, Realty Income has been delivering dependable monthly dividends to their investors that continue to increase over time. As a REIT, these dividends are supported by the cash flow from all their properties leased through long-term net lease agreements. As of today, Realty Income has declared 635 consecutive common stock monthly dividends throughout its 54-year operating history and increased the dividend 120 times since they have gone public in 1994 (NYSE: O).
Realty Income has a strong commitment to transparency and is known for its ethical standards. Since their public listing in 1994, a total shareholder return of 14.6% was delivered through the ownership of high-quality commercial assets leased to industry-leading operators under long-term net lease agreements, outperforming other US REITs and S&P 500 during that timeframe. They strive to provide long-term value to all their stakeholders.