ESCONDIDO, Calif., July 18 /PRNewswire-FirstCall/ -- Realty Income
Corporation (Realty Income), The Monthly Dividend Company(TM), (NYSE: O) today
announced that its Board of Directors declared a common stock dividend of
$0.1925 per share, payable on August 15, 2002 to shareholders of record as of
August 1, 2002. The dividend represents an annualized rate of $2.31 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 September 30, 2002 to shareholders of record as of
September 15, 2002. The quarterly dividend amount on the Class B preferred
stock is $0.5859375 per share, for an annualized rate of $2.34375 per share.
The monthly dividends on the Class C preferred stock are payable on July 31
and September 3, 2002 to shareholders of record as of July 15 and
August 15, 2002, respectively. The monthly dividend amount on the Class C
preferred stock is $0.1979167 per share, for an annualized rate of $2.375 per
share.
Realty Income, The Monthly Dividend Company(TM), is a New York Stock
Exchange real estate company dedicated to providing shareholders with
dependable monthly income. To date the Company has paid 384 consecutive
monthly dividend payments throughout its 33-year operating history. The
monthly income is supported by the cash flow from over 1,100 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: +1-888-811-2001, or through the Internet at
http://www.realtyincome.com .
SOURCE Realty Income Corporation
 back to top
Related links:
http://www.realtyincome.com
CONTACT:
Tere H. Miller, Vice President of Corporate
Communications of Realty Income, +1-760-741-2111, ext. 177
|
