ESCONDIDO, Calif., Aug. 18 /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 $0.1825 per share,
payable on September 15, 2000 to shareholders of record as of September 1,
2000. The dividend represents an annualized rate of $2.19 per share.
The Board of Directors also declared a monthly dividend on the Company's
Class C preferred stock. The dividend is payable on October 2, 2000 for
shareholders of record as of September 15, 2000. The monthly dividend amount
on the Class C preferred stock is $0.1979 per share for an annualized rate of
$2.375 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 dividend is supported by the cash
flows from 1,073 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 visiting the Company's website at
http://www.realtyincome.com/Investing/News.html
|
