ESCONDIDO, Calif., Jan. 14 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company" (NYSE: O) today announced that
of the $1.9650 in dividends paid to shareholders in 1998, $0.0755 or 3.8% is
classified, for federal income tax purposes, as a return of capital, with the
remaining $1.8895 classified as ordinary income. There are no capital gains
associated with these dividend distributions.
Total Dividends Paid in 1998: $1.9650
Ordinary Income Portion of Dividend: 96.2%
Return of Capital: 3.8%
Capital Gain: 0.0%
Total: 100.0%
Realty Income is "The Monthly Dividend Company," 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
974 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:
David Butterfield, Manager, Investor
Relations, of Realty Income Corporation, 760-741-2111, ext. 140
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 accessing the Company's website at
http://www.realtyincome.com.
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