Realty Income ( (O) ) has issued an update.
On February 24, 2025, Realty Income Corporation announced its financial results for the year ending December 31, 2024, highlighting a 4.8% increase in Adjusted Funds from Operations (AFFO) per share, marking the 14th consecutive year of growth. The company invested $3.9 billion in 2024 and raised $1.8 billion through stock sales, maintaining a strong portfolio occupancy rate of 98.7%. The Board authorized a $2.0 billion share repurchase program, and the company announced a dividend increase, reflecting its commitment to delivering long-term returns to shareholders.
More about Realty Income
Realty Income Corporation, known as The Monthly Dividend Company®, operates in the real estate industry, focusing on acquiring and managing commercial properties under long-term, net lease agreements. The company is recognized for its dependable rental revenue, supporting monthly dividend payments, and has a diversified portfolio leased to clients across 89 industries.
YTD Price Performance: 7.94%
Average Trading Volume: 4,968,761
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $49.97B
For detailed information about O stock, go to TipRanks’ Stock Analysis page.