What is Realty Income?

Realty Income, also known as The Monthly Dividend Company ®, is an S&P 500 company with a mission to invest in people and places to deliver dependable monthly dividends that increase over time.

Who founded Realty Income Corporation?

Realty Income Corporation was founded in 1969 by William E. Clark and Evelyn J. Clark. Its first acquisition was a Taco Bell restaurant in early 1970. The company used cash to purchase land needed for stores that required real estate to run, and then leased the property to the stores long term.

Does Realty Income own retail properties?

The REIT is projecting $6 billion in property acquisitions for the full year. So it's easy to see that a bigger portfolio will likely be in the cards over the next 12 months. But there's one deal that stands out. For the most part, Realty Income owns retail properties (nearly 80% of rents).

How many times has Realty Income declared a dividend?

To date, the company has declared 634 consecutive common stock monthly dividends throughout its 54-year operating history and increased the dividend 120 times since Realty Income's public listing in 1994 (NYSE: O). Realty Income believes in transparency.