Realty Income Corp (NYSE:O) had declared a cash dividend of $0.1995 on Jul 12, 2016. The shares will quote ex-dividend on Jul 28, 2016 and the record date has been fixed for Aug 1, 2016. On Jul 12, 2016 share price, the yield comes out to be 3.4166%. The dividend payable date has been fixed on Aug 15, 2016.
In a different note, On Jul 7, 2016, Citigroup said it Maintains its rating on Realty Income Corp. In the research note, the firm Raises the price-target to $50.00 per share. The shares have been rated ‘Sell’ by the firm.
Realty Income Corp (O) shares turned negative on Fridays trading session with the shares closing down -0.5 points or -0.71% at a volume of 16,34,928. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $70.47. The peak price level was also seen at $70.47 while the days lowest was $69.18. Finally the shares closed at $69.84. The 52-week high of the shares is $71.92 while the 52-week low is $43.15. According to the latest information available, the market cap of the company is $17,536 M.
Realty Income Corp(O) last announced its earnings results on Apr 26, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $267.12M. Analysts had an estimated revenue of $266.53M. Earnings per share were $0.70. Analysts had estimated an EPS of $0.70.
Several Insider Transactions has been reported to the SEC. On Jun 27, 2016, Benjamin N Fox (SVP, Asset & Port. Mgmt.) sold 2,174 shares at $65.79 per share price.Also, On Jun 15, 2016, Gregory Mclaughlin (director) sold 1,950 shares at $63.87 per share price.On Jun 2, 2016, Cary Wenthur (SVP, Acquisitions) sold 9,000 shares at $60.54 per share price, according to the Form-4 filing with the securities and exchange commission.
Realty Income Corporation is a real estate company. As of December 31 2014 the Company owned 4327 properties with approximately 4257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16350 square feet including approximately 11290 square feet per retail property and approximately 196800 square feet per industrial and distribution property. The Company has approximately 4308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.