ESCONDIDO, Calif., Feb. 22 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company," (NYSE: O) today announced
that its Board of Directors declared a common stock dividend of
$0.185 per share, payable on March 15, 2001 to shareholders of record as of
March 1, 2001. The dividend represents an annualized rate of $2.22 per share.
The Board of Directors also declared a monthly dividend on its Class C
preferred stock. The monthly dividend on the Class C preferred stock is
payable on April 2, 2001 to shareholders of record as of March 15, 2001. 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. The monthly income is supported by the cash flow
from 1,065 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
Company News On-Call:
http://www.prnewswire.com/comp/746650.html or fax,
800-758-5804, ext. 746650
CONTACT:
Tere Miller, Vice President, Investor
Relations of Realty Income Corporation, 760-741-2111 ext. 177
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