ESCONDIDO, Calif., Jan. 17 /PRNewswire-FirstCall/ -- Realty Income
Corporation (Realty Income), "The Monthly Dividend Company," (NYSE: O) today
announced that its Board of Directors declared a common stock dividend of
$0.19 per share, payable on February 15, 2002 to shareholders of record as of
February 1, 2002. The dividend represents an annualized rate of $2.28 per
share.
The Board of Directors also declared dividends on the Company's Class B
and Class C preferred stock. The quarterly dividend on the Class B preferred
stock is payable on April 1, 2002 to shareholders of record as of March 15,
2002. The quarterly dividend amount on the Class B preferred stock is
$0.5859 per share, for an annualized rate of $2.3436 per share. The monthly
dividends on the Class C preferred stock are payable on January 31 and
February 28, 2002 to shareholders of record as of January 15, and
February 15, 2002, respectively. The monthly dividend amount on the Class C
preferred stock is $0.1979 per share, for an annualized rate of $2.3748 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. To date the Company has paid 377 consecutive
monthly dividend payments throughout its 33-year operating history. The
monthly income is supported by the cash flow from 1,122 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.
Note to Editors:
Realty Income press releases are available at no charge by calling our
toll-free investor hotline number: 888-811-2001, or through the Internet at
http://www.realtyincome.com .
SOURCE Realty Income Corporation
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Related links:
http://www.realtyincome.com
CONTACT:
Tere Miller, Vice President, Investor
Relations of Realty Income Corporation, +1-760-741-2111, ext. 177
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