ESCONDIDO, Calif., Aug. 16 /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 $0.1875 per
share, payable on September 17, 2001 to shareholders of record as of
September 4, 2001. The dividend represents an annualized rate of $2.25 per
share. The Company continues its 32-year policy of declaring common stock
dividends on a monthly, as opposed to a quarterly, basis.
The Board of Directors also declared a monthly dividend on the Company's
Class C preferred stock. The dividend is payable on October 1, 2001 to
shareholders of record as of September 15, 2001. The monthly dividend amount
on the Class C preferred stock is $0.1979 per share for an annualized amount
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 1,059 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/Investing/News.html.
For further information please contact Tere Miller, Vice President,
Investor Relations of Realty Income Corporation, +1-760-741-2111, ext. 177.
SOURCE Realty Income Corporation
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Related links:
http://www.realtyincome.com
CONTACT:
Tere Miller, Vice President, Investor
Relations of Realty Income Corporation, +1-760-741-2111, ext. 177
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