Realty Income Corp. (NYSE:O) announced a dec 16 dividend on Friday, November 11th. Stockholders of record on Thursday, December 1st will be paid a dividend of 0.202 per share on Thursday, December 15th. This represents a dividend yield of 4.36%. The ex-dividend date of this dividend is Tuesday, November 29th.

Shares of Realty Income Corp. (NYSE:O) opened at 56.57 on Monday. The stock has a market cap of $14.63 billion, a P/E ratio of 51.24 and a beta of 0.41. Realty Income Corp. has a 52 week low of $48.37 and a 52 week high of $72.30. The stock has a 50 day moving average price of $58.79 and a 200-day moving average price of $64.36.

Realty Income Corp. (NYSE:O) last posted its earnings results on Wednesday, October 26th. The company reported $0.73 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.73. Realty Income Corp. had a return on equity of 5.04% and a net margin of 28.37%. The business had revenue of $277.20 million for the quarter, compared to analysts’ expectations of $279.57 million. During the same quarter in the previous year, the firm earned $0.70 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Equities analysts predict that Realty Income Corp. will post $2.86 EPS for the current fiscal year.

Dividend History for Realty Income Corp. (NYSE:O)

Large investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD increased its position in shares of Realty Income Corp. by 7.1% in the third quarter. Price T Rowe Associates Inc. MD now owns 489,502 shares of the company’s stock valued at $32,762,000 after buying an additional 32,312 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Realty Income Corp. by 151.0% in the third quarter. Ameritas Investment Partners Inc. now owns 12,781 shares of the company’s stock valued at $855,000 after buying an additional 7,688 shares in the last quarter. Candriam Luxembourg S.C.A. increased its position in shares of Realty Income Corp. by 23.6% in the third quarter. Candriam Luxembourg S.C.A. now owns 17,490 shares of the company’s stock valued at $1,171,000 after buying an additional 3,338 shares in the last quarter. Dai Ichi Life Holdings Inc. increased its position in shares of Realty Income Corp. by 4.0% in the third quarter. Dai Ichi Life Holdings Inc. now owns 17,628 shares of the company’s stock valued at $1,180,000 after buying an additional 683 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of Realty Income Corp. by 20.0% in the second quarter. Stifel Financial Corp now owns 100,200 shares of the company’s stock valued at $6,951,000 after buying an additional 16,677 shares in the last quarter. 70.22% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the company. Zacks Investment Research cut Realty Income Corp. from a “buy” rating to a “hold” rating in a research report on Friday. Stifel Nicolaus cut their target price on Realty Income Corp. from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Monday, November 14th. Wunderlich cut their target price on Realty Income Corp. from $60.00 to $54.00 and set a “sell” rating on the stock in a research report on Monday, October 31st. Mizuho assumed coverage on Realty Income Corp. in a research report on Thursday, October 13th. They set a “neutral” rating and a $65.00 target price on the stock. Finally, Vetr upgraded Realty Income Corp. from a “hold” rating to a “buy” rating in a research report on Saturday, October 8th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. Realty Income Corp. currently has an average rating of “Hold” and an average target price of $61.70.

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About Realty Income Corp.

Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties.

5 Day Chart for NYSE:O

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