Realty Income Corp

Realty Income Corporation (NYSE: O) is an S&P 500 real estate investment trust (REIT) founded in 1969 that operates as a full-service real estate capital provider under long-term net lease agreements. Known as 'The Monthly Dividend Company,' it owns or holds interests in over 15,500 properties across all 50 U.S. states, the United Kingdom, and eight other European countries. The portfolio spans 353 million leasable square feet leased to 1,798 clients in 92 industries, with 78.3% retail, 16.2% industrial, 3.1% gaming, and 2.4% other property types by annualized base rent. Realty Income is expanding beyond traditional net lease through its Realty Income Investment Management platform, which manages third-party capital through a U.S. Core Plus Fund and managed insurance and retirement annuity vehicles totaling $3.5 billion in third-party assets under management. The company also has a growing credit investment platform with $5.2 billion in loan and preferred equity commitments, and has entered the data center space through a joint venture. The company has declared 673 consecutive monthly dividends and is a member of the S&P 500 Dividend Aristocrats index with over 31 consecutive years of dividend increases. It holds investment-grade credit ratings of A3/A-/A from Moody's, S&P, and Fitch respectively. Updated Aug 5, 2026