ESCONDIDO, Calif., Jan. 13 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company" (NYSE: O) today announced that
its Board of Directors declared a dividend of $0.1800 per share, payable on
February 15, 2000 to shareholders of record as of February 1, 2000. The
dividend represents an annualized rate of $2.16 per share.
The Board of Directors also declared dividends on the company's Class C
preferred stock which are payable on February 29, 2000 to shareholders of
record as of February 15, 2000. The monthly dividend, on the Class C
preferred stock, is $0.1979 per share, which represents an annualized rate of
$2.375 per share.
Realty Income, "The Monthly Dividend Company," is a New York Stock
Exchange real estate company dedicated to providing shareholders with
dependable monthly income. The monthly dividend is supported by the cash
flows from 1,076 retail properties owned under long-term lease agreements with
leading regional and national retail chains. The Company is an active buyer
of net-leased retail properties nationwide.
SOURCE Realty Income Corporation
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Related links:
http://www.realtyincome.com
CONTACT:
Tere Miller, Vice President, Corporate
Communications, Realty Income Corporation, 760-741-2111 ext. 177
NOTE TO EDITORS: Realty Income press releases are available at no
charge by calling our toll-free investor hotline number:
888-811-2001, or by visiting the Company's website at
http://www.realtyincome.com
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