Realty Income Corporation (O) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
O Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
27 straight years of dividend increases.
Income Trend
Yield on cost is 6.0% and trend is rising.
O Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
O Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
O Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Realty Income Corporation has limited earnings payout data (Unknown).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
O has raised its dividend for 27 consecutive years, with a 3-year CAGR of 5.5% and 5-year CAGR of 5.1%.
Total Shareholder Returns
Beyond cash dividends, O returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.0% and is currently rising. The 5-year total return is 21.3%, with dividends contributing 23.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,179 today.
O Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 30, 2026Latest | $0.2710 | — | 5.04% | May 15, 2026 |
| Mar 31, 2026 | $0.2710 | ↑ +0.4% | 5.29% | Apr 15, 2026 |
| Feb 27, 2026 | $0.2700 | — | 4.82% | Mar 13, 2026 |
| Jan 30, 2026 | $0.2700 | — | 5.28% | Feb 13, 2026 |
| Dec 31, 2025 | $0.2700 | ↑ +0.2% | 5.72% | Jan 15, 2026 |
| Nov 28, 2025 | $0.2695 | — | 5.58% | Dec 15, 2025 |
| Oct 31, 2025 | $0.2695 | — | 5.54% | Nov 14, 2025 |
| Oct 1, 2025 | $0.2695 | ↑ +0.2% | 5.30% | Oct 15, 2025 |
O Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $59.4B | — | — | 27 | Unknown | |
2nd | $8.4B | 5.3% | 1.1% | 9 | Sustainable |
| $9.1B | 4.0% | 1.7% | 3 | Sustainable | |
| $6.7B | 3.7% | 92.5% | 7 | At Risk | |
1st | $2.0B | 5.8% | 1.4% | 8 | Sustainable |
| $1.7B | 4.1% | — | 0 | Unknown | |
3rd | $15.9B | 4.5% | 1.2% | 1 | Sustainable |
| $14.4B | 3.6% | 97.0% | 5 | At Risk |
O Annual Dividend History (1993–2026)
34 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.08 | — | 4 | — | — | — | 1.9% |
| 2025 | $3.49 | 21.5% | 13 | $1.17 | 298.0% | 0.34x | 6.0% |
| 2024 | $2.87 | -6.2% | 11 | $0.98 | 292.8% | 0.34x | 4.9% |
| 2023 | $3.06 | 3.0% | 12 | $1.26 | 242.8% | 0.41x | 5.3% |
| 2022 | $2.97 | 7.0% | 12 | $1.42 | 209.1% | 0.48x | 5.1% |
| 2021 | $2.77 | 2.1% | 12 | $0.87 | 318.9% | 0.31x | 4.8% |
| 2020 | $2.72 | 3.1% | 12 | $1.14 | 238.3% | 0.42x | 4.7% |
| 2019 | $2.64 | 3.0% | 12 | $1.38 | 191.0% | 0.52x | 4.5% |
| 2018 | $2.56 | 4.0% | 12 | $1.26 | 203.2% | 0.49x | 4.4% |
| 2017 | $2.46 | 5.6% | 12 | $1.10 | 223.8% | 0.45x | 4.2% |
Full O Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See O's True Return
Price is only half the story. See total return with reinvested dividends.
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare O vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonO — Frequently Asked Questions
Quick answers to the most common questions about buying O stock.
How much dividend does O pay per share?
Realty Income Corporation (O) pays a trailing 12-month dividend of $3.24 per share, with a current dividend yield of N/A. Payments are made Quarterly.
When is O's next ex-dividend date?
O's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. O typically pays dividends Quarterly.
Is O's dividend safe?
O's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. With 27 consecutive years of dividend growth, the track record supports sustainability.
Is O a Dividend Aristocrat?
Yes, Realty Income Corporation is classified as a Dividend Aristocrat with 27 consecutive years of dividend increases. The 5-year dividend CAGR is +5.1%, demonstrating above-inflation dividend growth.
How often does O pay dividends?
Realty Income Corporation pays dividends Quarterly. The trailing 12-month total is $3.24 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in O grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in O five years ago would be worth approximately $12,135 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is O's yield on cost for long-term holders?
O's yield on cost — the current dividend divided by the original purchase price — is +6.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.