ESCONDIDO, Calif., July 15 /PRNewswire/ -- Realty Income Corporation
(Realty Income), "The Monthly Dividend Company" (NYSE: O) today announced that
its Board of Directors declared a dividend of $0.1750 per share, payable on
August 16, 1999 to shareholders of record as of August 2, 1999. The dividend
represents an annualized rate of $2.10 per share. The Company continues its
policy of declaring dividends on its common stock 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 1,037 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
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.
|
