ESCONDIDO, Calif., April 11 /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 $0.18625 per
share, payable on May 15, 2001 to shareholders of record as of May 1, 2001.
The dividend represents an annualized rate of $2.235 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 July 2, 2001 to shareholders of record as of
June 15, 2001. 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 April 30 and
May 31, 2001 to shareholders of record as of April 15 and May 15, 2001,
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. The monthly income is supported by the cash flow
from 1,061 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:
David Butterfield, Manager, Investor
Relations of Realty Income Corporation, 760-741-2111 ext. 140
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