Realty Income (O) Dividend History & Yield

Realty Income (O) has increased its dividend for 2 consecutive years and currently yields 5.20%. The most recent payment was $0.2705/share on Mar 31, 2026, paid Monthly.

Current Yield

5.20%

TTM Dividend/Share

$3.23

Payment Frequency

Monthly

Payout Ratio

275.9%

Consecutive Growth Years

2

Div Growth (1Y CAGR)

21.54%

Div Growth (5Y CAGR)

5.12%

Div Growth (10Y CAGR)

4.66%

Dividend Safety Score

2 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 275.9%, above the 75% threshold.

Free cash flow covers dividend

FCF/share ($4.27) covers dividend/share ($3.23).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have declined over the past 5 years.

10+ years of consecutive growth

Only 2 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 31, 2026

    Payment date
    Apr 15, 2026
    Dividend
    $0.2705
    Adj. dividend
    $0.2705
    Yield (ex-date)
    5.28%
  • Ex-date Feb 27, 2026

    Payment date
    Mar 13, 2026
    Dividend
    $0.2700
    Adj. dividend
    $0.2700
    Yield (ex-date)
    4.82%
  • Ex-date Jan 30, 2026

    Payment date
    Feb 13, 2026
    Dividend
    $0.2700
    Adj. dividend
    $0.2700
    Yield (ex-date)
    5.28%
  • Ex-date Dec 31, 2025

    Payment date
    Jan 15, 2026
    Dividend
    $0.2700
    Adj. dividend
    $0.2700
    Yield (ex-date)
    5.72%
  • Ex-date Nov 28, 2025

    Payment date
    Dec 15, 2025
    Dividend
    $0.2695
    Adj. dividend
    $0.2695
    Yield (ex-date)
    5.58%
  • Ex-date Oct 31, 2025

    Payment date
    Nov 14, 2025
    Dividend
    $0.2695
    Adj. dividend
    $0.2695
    Yield (ex-date)
    5.54%
  • Ex-date Oct 1, 2025

    Payment date
    Oct 15, 2025
    Dividend
    $0.2695
    Adj. dividend
    $0.2695
    Yield (ex-date)
    5.30%
  • Ex-date Sep 2, 2025

    Payment date
    Sep 15, 2025
    Dividend
    $0.2690
    Adj. dividend
    $0.2690
    Yield (ex-date)
    5.54%
  • Ex-date Aug 1, 2025

    Payment date
    Aug 15, 2025
    Dividend
    $0.2690
    Adj. dividend
    $0.2690
    Yield (ex-date)
    5.64%
  • Ex-date Jul 1, 2025

    Payment date
    Jul 15, 2025
    Dividend
    $0.2690
    Adj. dividend
    $0.2690
    Yield (ex-date)
    5.51%
  • Ex-date Jun 2, 2025

    Payment date
    Jun 13, 2025
    Dividend
    $0.2685
    Adj. dividend
    $0.2685
    Yield (ex-date)
    5.62%
  • Ex-date May 1, 2025

    Payment date
    May 15, 2025
    Dividend
    $0.2685
    Adj. dividend
    $0.2685
    Yield (ex-date)
    5.55%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 5.73%5Y: 5.09%10Y: 4.73%

Dividend Growth

CAGR (per year)1Y: 21.54%5Y: 5.12%10Y: 4.66%↑ Accelerating

Dividend Increase Track Record

Realty Income has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$3.4870
2025$2.8690$3.4870+21.5%
2024$3.0590$2.8690-6.2%
2023$2.9690$3.0590+3.0%
2022$2.7745$2.9690+7.0%
2021$2.7170$2.7745+2.1%
2020$2.6356$2.7170+3.1%
2019$2.5601$2.6356+3.0%
2018$2.4613$2.5601+4.0%
2017$2.3314$2.4613+5.6%
2016$2.2113$2.3314+5.4%
2015$2.1231$2.2113+4.2%
2014$2.1115$2.1231+0.6%
2013$1.7229$2.1115+22.6%
2012$1.6851$1.7229+2.2%
2011$1.6696$1.6851+0.9%
2010$1.6551$1.6696+0.9%
2009$1.6153$1.6551+2.5%
2008$1.5213$1.6153+6.2%
2007$1.4031$1.5213+8.4%
2006$1.3120$1.4031+6.9%
2005$1.2098$1.3120+8.4%
2004$1.1449$1.2098+5.7%
2003$1.1173$1.1449+2.5%
2002$1.0896$1.1173+2.5%
2001$1.0601$1.0896+2.8%
2000$1.0150$1.0601+4.4%
1999$0.9569$1.0150+6.1%
1998$0.9205$0.9569+3.9%
1997$0.8251$0.9205+11.6%
1996$1.0359$0.8251-20.3%
1995$1.0359

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does Realty Income pay dividends?

Yes, Realty Income (O) pays monthly dividends of approximately $3.23 per share annually, yielding 5.20%.

What is Realty Income's dividend yield?

Realty Income (O) has a current dividend yield of 5.20%.

Is Realty Income's dividend safe?

Realty Income (O) passes 2 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Realty Income increased its dividend?

Realty Income (O) has 2 consecutive years of dividend increases.

What is Realty Income's dividend payout ratio?

Realty Income (O) has a dividend payout ratio of 275.9%.