Realty Income (O) Dividend Capture: 0.43% per event (5.0% annualized)
Realty Income (O) has touched its pre-ex close within 30 trading days in 95% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.30), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, O sits roughly in line with the Real Estate sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next ex-dividend date is estimated at May 30, 2026 (±2 days), based on the historical pattern; the company has not yet declared a dividend.
- Touch rate (30d)
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.30-0.15 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 95%in line with sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.30-0.15 vs sector
- Avg gap on ex-date
- -0.40%+0.40pp vs sector
- Win rate at MOC exit
- 42%
- Median drawdown during hold
- -2.35%+2.38pp vs sector
- Best / worst touch (days)
- 1 / 15
Next ex-dividend
Estimated from historical pattern ±2 days.
- Dividend
- $0.27
- Per-event yield
- 0.43%
- Annualized yield
- 5.04%
- Previously paid
- Apr 30, 2026 ($0.27)
- Last record date
- Apr 30, 2026
- Last payment date
- May 15, 2026
The company has not yet declared this dividend. Date and amount may shift when the official declaration arrives.
How O ranks in Real Estate
Compared with other stocks in this sector that pass our capture-quality filter (35 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#9of 35
Beats ~74% of peers on this metric
- Median days to touch#1of 35
Beats ~97% of peers on this metric
- Signal-to-noise#30of 35
Beats ~14% of peers on this metric
O Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for Realty Income (O). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q2 | $0.27 | -0.68% | $63.29 | 1 | yes | yes | -0.68% | — | |
| Q1 | $0.27 | 0.25% | $61.15 | 1 | yes | yes | -0.65% | +3.13% | |
| Q1 | $0.27 | 0.00% | $66.60 | 1 | yes | yes | -3.99% | -2.00% | |
| Q1 | $0.27 | -0.25% | $60.78 | 1 | yes | yes | -0.63% | +4.48% | |
| Q4 | $0.27 | -0.53% | $57.03 | 2 | yes | yes | -1.95% | +2.68% | |
| Q4 | $0.27 | -0.40% | $57.14 | 1 | yes | yes | -0.86% | +2.82% | |
| Q4 | $0.27 | -0.78% | $57.91 | 1 | yes | yes | -3.38% | -1.33% | |
| Q4 | $0.27 | -0.48% | $60.79 | 15 | no | yes | -4.54% | -2.48% | |
| Q3 | $0.27 | -1.26% | $58.76 | 4 | yes | yes | -2.25% | +1.70% | |
| Q3 | $0.27 | 0.66% | $56.13 | 1 | yes | yes | -0.37% | +2.81% | |
| Q3 | $0.27 | -0.30% | $57.61 | 1 | yes | yes | -1.77% | -0.73% | |
| Q2 | $0.27 | -0.92% | $56.62 | 6 | no | yes | -1.94% | +0.81% | |
| Q2 | $0.27 | -0.28% | $57.86 | 1 | yes | yes | -6.01% | -2.32% | |
| Q2 | $0.27 | -0.14% | $58.01 | 1 | yes | yes | -12.58% | -9.43% | |
| Q1 | $0.27 | -0.61% | $57.03 | 1 | yes | yes | -2.16% | +3.03% | |
| Q1 | $0.26 | -1.35% | $54.64 | 1 | yes | yes | -2.45% | -0.76% | |
| Q1 | $0.26 | -0.28% | $53.41 | 4 | yes | yes | -3.39% | -2.76% | |
| Q4 | $0.26 | -0.55% | $57.89 | >30 | no | no | -5.39% | -1.98% | |
| Q4 | $0.26 | 0.07% | $59.37 | 1 | yes | yes | -5.88% | -2.69% | |
| Q4 | $0.26 | -0.14% | $63.42 | 1 | yes | yes | -3.66% | -2.60% |
Q2
- Dividend
- $0.27
- Gap %
- -0.68%
- Pre-ex close
- $63.29
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.68%
- P&L 5d %
- —
Q1
- Dividend
- $0.27
- Gap %
- 0.25%
- Pre-ex close
- $61.15
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.65%
- P&L 5d %
- +3.13%
Q1
- Dividend
- $0.27
- Gap %
- 0.00%
- Pre-ex close
- $66.60
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.99%
- P&L 5d %
- -2.00%
Q1
- Dividend
- $0.27
- Gap %
- -0.25%
- Pre-ex close
- $60.78
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.63%
- P&L 5d %
- +4.48%
Q4
- Dividend
- $0.27
- Gap %
- -0.53%
- Pre-ex close
- $57.03
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.95%
- P&L 5d %
- +2.68%
Q4
- Dividend
- $0.27
- Gap %
- -0.40%
- Pre-ex close
- $57.14
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.86%
- P&L 5d %
- +2.82%
Q4
- Dividend
- $0.27
- Gap %
- -0.78%
- Pre-ex close
- $57.91
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.38%
- P&L 5d %
- -1.33%
Q4
- Dividend
- $0.27
- Gap %
- -0.48%
- Pre-ex close
- $60.79
- High touch (td)
- 15
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -4.54%
- P&L 5d %
- -2.48%
Q3
- Dividend
- $0.27
- Gap %
- -1.26%
- Pre-ex close
- $58.76
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.25%
- P&L 5d %
- +1.70%
Q3
- Dividend
- $0.27
- Gap %
- 0.66%
- Pre-ex close
- $56.13
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.37%
- P&L 5d %
- +2.81%
Q3
- Dividend
- $0.27
- Gap %
- -0.30%
- Pre-ex close
- $57.61
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.77%
- P&L 5d %
- -0.73%
Q2
- Dividend
- $0.27
- Gap %
- -0.92%
- Pre-ex close
- $56.62
- High touch (td)
- 6
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -1.94%
- P&L 5d %
- +0.81%
Q2
- Dividend
- $0.27
- Gap %
- -0.28%
- Pre-ex close
- $57.86
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -6.01%
- P&L 5d %
- -2.32%
Q2
- Dividend
- $0.27
- Gap %
- -0.14%
- Pre-ex close
- $58.01
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -12.58%
- P&L 5d %
- -9.43%
Q1
- Dividend
- $0.27
- Gap %
- -0.61%
- Pre-ex close
- $57.03
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.16%
- P&L 5d %
- +3.03%
Q1
- Dividend
- $0.26
- Gap %
- -1.35%
- Pre-ex close
- $54.64
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.45%
- P&L 5d %
- -0.76%
Q1
- Dividend
- $0.26
- Gap %
- -0.28%
- Pre-ex close
- $53.41
- High touch (td)
- 4
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.39%
- P&L 5d %
- -2.76%
Q4
- Dividend
- $0.26
- Gap %
- -0.55%
- Pre-ex close
- $57.89
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -5.39%
- P&L 5d %
- -1.98%
Q4
- Dividend
- $0.26
- Gap %
- 0.07%
- Pre-ex close
- $59.37
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -5.88%
- P&L 5d %
- -2.69%
Q4
- Dividend
- $0.26
- Gap %
- -0.14%
- Pre-ex close
- $63.42
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.66%
- P&L 5d %
- -2.60%
O Pre-Ex Touch Time Distribution
- ≤ 1 day1470%
- 2–3 days15%
- 4–5 days210%
- 6–10 days15%
- 11–30 days15%
- 30+15%
70% within 1d · 85% within 5d · 95% within 30d
O Dividend Capture Calculator — After-Tax Yield
Pre-filled with O's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.
- Gross dividend
- $54.00
- After-tax dividend
- $35.10
- Slippage round-trip
- -$12.66
- Net if price returns to pre-ex
- +$22.44
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.18%
- Annual if all succeed
- ~8.9%
O Dividend Capture Backtest Simulator
Replay every historical O ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · O (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| +0.42% | |
| +0.44% | |
| -1.98% | |
| +0.49% | |
| +0.48% | |
| +0.47% | |
| +0.46% | |
| +0.46% | |
| +0.81% | |
| +0.47% | |
| +0.48% | |
| +0.46% | |
| -2.48% | |
| +0.47% | |
| +0.47% | |
| +0.47% | |
| +0.44% | |
| +0.41% | |
| +0.44% | |
| +0.43% |
Looking for full price seasonality? See O seasonality →
Frequently asked questions
What is the dividend capture success rate for O?
Across the last 20 ex-dividend events for Realty Income (O), the post-ex intraday high reached the pre-ex close within 30 trading days in 95% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.
How long does it take O to recover its dividend gap?
Historically, O touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 15 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.
Is the dividend on O large enough to capture?
O has a signal-to-noise ratio of 0.30 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.
When is the next ex-dividend date for O?
The next ex-dividend date for Realty Income (O) is May 30, 2026, estimated based on the historical pattern (±2 days).
How does O compare to its sector for dividend capture?
Within Real Estate, the median 30-day pre-ex touch rate is 95%. O sits at 95% — above the sector benchmark.
Why does O dividend capture measure recovery via intraday high, not close?
A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".
How are dividend capture trades taxed in the US?
Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.
What are the main risks of a dividend capture strategy?
Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.