ESCONDIDO, Calif., May 19 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company," (NYSE: O) today announced
that its Board of Directors declared a dividend of $0.1725 per share, payable
on June 15, 1999 to shareholders of record as of June 1, 1999. The dividend
represents an annualized rate of $2.07 per share. The Company continues its
policy of declaring dividends on a monthly, not quarterly basis.
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 over 1,020 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
 back to top
Related links:
http://www.realtyincome.com
CONTACT:
Tere Miller, Vice President, Corporate
Communications of Realty Income Corporation, 760-741-2111, ext.
177
EDITORS' ADVISORY: 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.
|
