O Dividend History & Analysis | 5.4% Yield

O has a dividend yield of 5.4% and paid 3.24 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.35%
Payout Ratio 52.1%
Growth Rate CAGR 5y 2.7%
Consistency Lifetime 99%
Yield on Cost 5y 6.1%
Payout FCF 139.7%
Streak Years 1
Dividend Rating 64.2%
Chowder Number yield + growth 8% below 12% target for healthy growth
Yield vs Average 5y +14.1% avg 4.69% vs now 5.35%
Debt / EBITDA leverage 8.6x elevated
Income per 10k invested 535 USD per year
Dividends Cash Amount per Share Yearly O annual dividends paid per share, showing the total cash Realty Income distributed to shareholders each year.
Dividend Growth Year over Year O year-over-year dividend growth rate, showing how Realty Income's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History O dividend yield history versus share price over the past 5 years, showing how Realty Income's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Retail REITs

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
IVT NYSE
Inventrust Properties
2,656 M 3.18% 77.58%
LI PA
Klepierre
13,071 M 5.50% 12.41%
C38U SG
CapitaLand Mall Trust
15,160 M 6.68% 9.22%
GTY NYSE
Getty Realty
2,114 M 6.50% 8.18%
SPG NYSE
Simon Property
87,563 M 4.67% 8.64%
NNN NYSE
NNN REIT
8,974 M 5.66% 6.57%
J69U SG
Frasers Centrepoint Trust
3,542 M 5.21% 6.62%
O NYSE
Realty Income
58,654 M 5.35% 6.13%
KRG NYSE
Kite Realty Trust
6,173 M 4.65% 7.18%
URW PA
Unibail-Rodamco-Westfield
17,652 M 4.71% 6.76%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
URW PA
Unibail-Rodamco-Westfield
17,652 M 34.10% 100.0%
SKT NYSE
Tanger Factory Outlet
4,847 M 11.58% 100.0%
KRG NYSE
Kite Realty Trust
6,173 M 8.57% 100.0%
SPG NYSE
Simon Property
87,563 M 7.61% 100.0%
BRX NYSE
Brixmor Property
9,488 M 6.22% 100.0%
UE NYSE
Urban Edge Properties
2,926 M 6.25% 99.2%
PECO NASDAQ
Phillips Edison
5,998 M 4.74% 100.0%
GTY NYSE
Getty Realty
2,114 M 4.47% 100.0%
REG NASDAQ
Regency Centers
15,022 M 4.42% 100.0%
IVT NYSE
Inventrust Properties
2,656 M 9.81% 100.0%

O Dividend History

Dividend Monthly Return EX date, 5 years of data

Jan 0.43% 100
Feb 0.43% 100
Mar 0.43% 100
Apr 0.42% 100
May 0.34% 80
Jun 0.44% 100
Jul 0.43% 100
Aug 0.42% 100
Sep 0.44% 100
Oct 0.46% 80
Nov 0.50% 100
Dec 0.42% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 50 Payments (USD) as of August 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-31 2026-07-31 2026-08-14 Monthly 0.271 0% 0.42%
2026-06-30 2026-06-30 2026-07-15 Monthly 0.271 0% 0.43%
2026-05-29 2026-05-29 2026-06-15 Monthly 0.271 0% 0.44%
2026-04-30 2026-04-30 2026-05-15 Monthly 0.271 0% 0.43%
2026-03-31 2026-03-31 2026-04-15 Monthly 0.271 +0.4% 0.44%
2026-02-27 2026-02-27 2026-03-13 Monthly 0.27 0% 0.41%
2026-01-30 2026-01-30 2026-02-13 Monthly 0.27 0% 0.45%
2025-12-31 2025-12-31 2026-01-15 Monthly 0.27 0% 0.48%
2025-11-28 2025-11-28 2025-12-15 Monthly 0.27 0% 0.47%
2025-10-31 2025-10-31 2025-11-14 Monthly 0.27 0% 0.47%
2025-10-01 2025-10-01 2025-10-15 Monthly 0.27 +0.4% 0.45%
2025-09-02 2025-09-02 2025-09-15 Monthly 0.269 0% 0.46%
2025-08-01 2025-08-01 2025-08-15 Monthly 0.269 0% 0.48%
2025-07-01 2025-07-01 2025-07-15 Monthly 0.269 0% 0.47%
2025-06-02 2025-06-02 2025-06-13 Monthly 0.269 +0.2% 0.48%
2025-05-01 2025-05-01 2025-05-15 Monthly 0.2685 0% 0.47%
2025-04-01 2025-04-01 2025-04-15 Monthly 0.2685 +0.2% 0.46%
2025-03-03 2025-03-03 2025-03-14 Monthly 0.268 +1.5% 0.47%
2025-02-03 2025-02-03 2025-02-14 Monthly 0.264 0% 0.49%
2025-01-02 2025-01-02 2025-01-15 Monthly 0.264 +0.2% 0.5%
2024-12-02 2024-12-02 2024-12-13 Monthly 0.2635 0% 0.46%
2024-11-01 2024-11-01 2024-11-15 Monthly 0.2635 0% 0.44%
2024-10-01 2024-10-01 2024-10-15 Monthly 0.2635 +0.2% 0.42%
2024-09-03 2024-09-03 2024-09-13 Monthly 0.263 0% 0.43%
2024-08-01 2024-08-01 2024-08-15 Monthly 0.263 0% 0.46%
2024-07-01 2024-07-01 2024-07-15 Monthly 0.263 +0.2% 0.5%
2024-06-03 2024-06-03 2024-06-14 Monthly 0.2625 +2.1% 0.49%
2024-04-30 2024-05-01 2024-05-15 Monthly 0.257 0% 0.48%
2024-03-28 2024-04-01 2024-04-15 Monthly 0.257 +0.2% 0.48%
2024-02-29 2024-03-01 2024-03-15 Monthly 0.2565 0% 0.49%
2024-01-31 2024-02-01 2024-02-15 Monthly 0.2565 0% 0.47%
2023-12-29 2024-01-02 2024-01-12 Monthly 0.2565 +0.2% 0.44%
2023-11-30 2023-12-01 2023-12-15 Monthly 0.256 0% 0.48%
2023-10-31 2023-11-01 2023-11-15 Monthly 0.256 0% 0.55%
2023-09-29 2023-10-02 2023-10-13 Monthly 0.256 0% 0.51%
2023-08-31 2023-09-01 2023-09-15 Monthly 0.256 +0.2% 0.46%
2023-07-31 2023-08-01 2023-08-15 Monthly 0.2555 0% 0.42%
2023-06-30 2023-07-03 2023-07-14 Monthly 0.2555 +0.2% 0.42%
2023-05-31 2023-06-01 2023-06-15 Monthly 0.255 0% 0.43%
2023-04-28 2023-05-01 2023-05-15 Monthly 0.255 0% 0.41%
2023-03-31 2023-04-03 2023-04-14 Monthly 0.255 +0.2% 0.41%
2023-02-28 2023-03-01 2023-03-15 Monthly 0.2545 +2.4% 0.4%
2023-01-31 2023-02-01 2023-02-15 Monthly 0.2485 0% 0.37%
2022-12-30 2023-01-03 2023-01-13 Monthly 0.2485 +0.2% 0.39%
2022-11-30 2022-12-01 2022-12-15 Monthly 0.248 0% 0.4%
2022-10-31 2022-11-01 2022-11-15 Monthly 0.248 0% 0.4%
2022-09-30 2022-10-03 2022-10-14 Monthly 0.248 +0.2% 0.43%
2022-08-31 2022-09-01 2022-09-15 Monthly 0.2475 0% 0.36%
2022-07-29 2022-08-01 2022-08-15 Monthly 0.2475 0% 0.34%
2022-06-30 2022-07-01 2022-07-15 Monthly 0.2475 0% 0.36%

O Dividend FAQ

What is the Dividend Yield of O?

As of August 2026, O's dividend yield is 5.35%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.24 USD by the current share price of 62.36.

Does O pay a dividend?

As of August 2026, O paid a dividend of 3.24 USD in the last 12 months. The last dividend was paid on 2026-07-31 and the payout was 0.271 USD.

How often does O pay dividends?

O pays dividends monthly. Over the last 12 months, O has issued 12 dividend payments. The last dividend payment was made on 2026-07-31.

O dividend forecast

Based on historical data, the forecasted dividends per share for O for the next payments are between 0.27 (-0.4%) and 0.271 (+0.0%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 5.21%.

Will O pay dividends in 2026?

The latest dividend paid per share was 0.271 USD with an Ex-Dividend Date of 2026-07-31. The next Ex-Dividend date for Realty Income (O) is currently unknown.

What is the next Ex-Dividend Date for O?

The next Ex-Dividend date for Realty Income (O) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of O?

O's average dividend growth rate over the past 5 years is 2.69% per year. Strong growth: O's dividend growth is outpacing inflation.

What is the Yield on Cost of O?

O's 5-Year Yield on Cost is 6.13%. If you bought O's shares at 52.90 USD five years ago, your current annual dividend income (3.24 USD per share, trailing 12 months) equals 6.13% of your original purchase price.

What is the Payout Consistency of O?

O Payout Consistency is 99.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Realty Income has a strong track record of consistent dividend payments over its lifetime.

Does O have a good Dividend Yield?

O's 5.35% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of O?

The Dividend Payout Ratio of O is 52.1%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of O?

O's Overall Dividend Rating is 64.16%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

O Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in O's Outstanding Shares?

Realty Income's outstanding shares have increased by approximately 10.22% annually over the past 3 years (Trend Reliability: 79.7%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has O ever had a Stock Split?

Yes, the last stock split was on Nov 15, 2021 with a ratio of 1032:1000. This was a forward split: Each share became 1.03 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1994 39,259,300 0%
1995 46,470,600 +18.37%
1996 45,555,600 -1.97%
1997 52,105,300 +14.38%
1998 53,513,500 +2.7%
1999 53,586,900 +0.14%
2000 53,483,300 -0.19%
2001 66,108,300 +23.61%
2002 69,360,000 +4.92%
2003 76,010,200 +9.59%
2004 79,581,500 +4.7%
2005 83,208,700 +4.56%
2006 100,054,900 +20.25%
2007 100,280,300 +0.23%
2008 103,439,100 +3.15%
2009 103,606,200 +0.16%
2010 118,960,900 +14.82%
2011 132,577,100 +11.45%
2012 171,659,200 +29.48%
2013 203,326,800 +18.45%
2014 221,931,300 +9.15%
2015 249,509,000 +12.43%
2016 259,609,100 +4.05%
2017 276,600,000 +6.54%
2018 293,351,700 +6.06%
2019 329,364,000 +12.28%
2020 357,366,700 +8.5%
2021 591,262,000 +65.45%
2022 635,637,300 +7.51%
2023 726,859,000 +14.35%
2024 879,649,000 +21.02%
2025 904,786,300 +2.86%
2026 904,786,300 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-08-01 02:37 UTC