Realty Income Corporation (O) Dividend
Dividend Aristocrat — 30 consecutive years of dividend increases.
Realty Income Corporation (O) currently pays a dividend yield of 5.20%, distributing $3.25 per share annually ($0.27 per month). The company operates in the Real Estate sector.
O has raised its dividend for 30 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
O dividend at a glance
| Dividend Yield | 5.20% |
|---|---|
| Annual Dividend | $3.25 per share |
| Per Payment | $0.27 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | August 31, 2026 |
| Next Payment Date | September 11, 2026 |
| Payout Ratio | 265% |
| Consecutive Years of Dividend Growth | 30 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $62.54 |
What O pays on a $10,000 investment
At a 5.20% yield, $10,000 invested in O generates about $520.00 per year, or roughly $43.33 every month. Share counts below use an implied price of $62.54, derived from the $3.25 annual dividend and the 5.20% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 16 | $52.00 | $4.33 |
| $5,000 | 80 | $260.00 | $21.67 |
| $10,000 | 159.9 | $520.00 | $43.33 |
| $25,000 | 399.8 | $1,300.00 | $108.33 |
| $100,000 | 1,599 | $5,200.00 | $433.33 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
O dividend payment schedule
O pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is August 31, 2026, with payment on September 11, 2026. Later rows are projected forward at the same interval and will shift when Realty Income Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| August 31, 2026 | September 11, 2026 | $0.27 | Confirmed |
| October 1, 2026 | October 12, 2026 | $0.27 | Projected |
| October 31, 2026 | November 11, 2026 | $0.27 | Projected |
| December 1, 2026 | December 12, 2026 | $0.27 | Projected |
| December 31, 2026 | January 11, 2027 | $0.27 | Projected |
| January 31, 2027 | February 11, 2027 | $0.27 | Projected |
To collect a O dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How O's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. O's 5.20% is 1.39 percentage points above that median, ranking 238th of 587 by yield.
Within Real Estate, where we track 61 names, the median yield is 5.72% — putting O below its sector.
Its 30-year run of dividend increases ranks 47th out of the 362 names in our data with an active growth streak.
What the numbers mean
O pays out roughly 265% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
O pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
O dividend FAQ
When is the next O ex-dividend date?
The next O ex-dividend date is August 31, 2026, with the payment scheduled for September 11, 2026. You must own shares before the ex-dividend date to receive that payment.
What is O's dividend yield?
O currently yields 5.20%, based on $3.25 in dividends per share over the past year.
How often does O pay dividends?
O pays monthly, which works out to 12 payments per year of about $0.27 per share.
How much dividend income would $10,000 of O generate?
At the current 5.20% yield, $10,000 invested in O would produce roughly $520.00 per year, or about $43.33 per month, before taxes and assuming the dividend holds.
Has O increased its dividend?
Yes — O has raised its dividend for 30 consecutive years. That makes it a Dividend Aristocrat.
O dividend history
DivTrkr holds 381 recorded O dividend payments going back to 1994, with 30 consecutive complete years of increases. See the full O dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- LFT — Lument Finance Trust, Inc. dividend (22.96%)
- ORC — Orchid Island Capital, Inc. dividend (18.29%)
- ARR — ARMOUR Residential REIT dividend (17.27%)
- DX — Dynex Capital, Inc. dividend (15.75%)
- SUNS — Sunrise Realty Trust, Inc. dividend (15.38%)
- SEVN — Seven Hills Realty Trust dividend (14.56%)
- MITT — TPG Mortgage Investment Trust, Inc. dividend (13.54%)
- CLPR — Clipper Realty Inc. dividend (13.29%)
Similar yields to O
- CMCSA — Comcast Corporation dividend (5.21%)
- MLPI — Neos Mlp & Energy Infrastructure High Income ETF dividend (5.16%)
- WPC — W.P. Carey dividend (5.24%)
- CNNRF — Canadian Net Real Estate Investment Trust dividend (5.25%)
- EIX — Edison International dividend (5.12%)
- NNN — NNN REIT, Inc. dividend (5.29%)
Track O dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.