“We remain committed to our company’s mission of paying our shareholders reliable monthly dividends that increase over time,” said Roy Summit, President and CEO of Realty Income. “Our board of directors has once again determined that we are able to increase the amount of the monthly dividend to our shareholders, marking the 111e increase since our company went public in 1994. With the July dividend payment, we will have made 612 consecutive monthly dividend payments throughout our 52 years of operation. ”
About the company
Real Estate Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing shareholders with reliable monthly income. The company is structured as a REIT and its monthly dividends are supported by the cash flows of more than 6,600 real estate properties held under long term leases with commercial clients. To date, the company has declared 612 consecutive monthly dividends on common stock throughout its 52 years of operation and has increased the dividend 111 times since Realty Income’s IPO in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats® index. Additional company information can be obtained from the Company’s website at www.revenu immobilier.com.
Statements in this press release that are not strictly historical are “forward-looking” statements. Forward-looking statements involve known and unknown risks, which may cause actual future results of the company to differ materially from expected results. These risks include, but are not limited to, general economic conditions, domestic and foreign real estate conditions, the financial health of clients, the availability of capital to finance expected growth, volatility and uncertainty in the credit and financial markets in the country. broad sense, changes in exchange rates, real estate acquisitions and the timing of such acquisitions, the structure, timing and completion of the mergers announced between us and VEREIT, Inc. and all effects of the announcement, expectation or the completion of the announced mergers, including the expected benefits thereof, the cost of ownership deficiencies, the effects of the COVID-19 pandemic and the measures taken to limit its impact, the effects of pandemics or global epidemics contagious diseases or the fear of such epidemics, the ability of the company’s clients to properly manage its properties and fulfill their respective leases. ions owed to the Company, and the outcome of any legal proceedings to which the Company is a party, as described in documents filed by the Company with the Securities and Exchange Commission. Therefore, forward-looking statements should be considered only as reflections of the current operating plans and estimates of the company. Actual operating results may differ materially from what is expressed or expected in this press release. The company does not undertake to publicly disclose the results of any revision of these forward-looking statements that may be made to reflect events or circumstances subsequent to the date on which these statements were made.
SOURCE Real Estate Income Company