ESCONDIDO, Calif.--(BUSINESS WIRE)--Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O), today announced that its Board of Directors declared dividends on the Company’s Monthly Income Class D and Class E preferred stock. The monthly dividends on the Class D and Class E preferred stock are payable on April 15, 2011 to shareholders of record as of April 1, 2011. The monthly dividend amount on the Class D preferred stock is $0.1536459 per share, for an annualized amount of $1.84375 per share. The monthly dividend amount on the Class E preferred stock is $0.140625 per share, for an annualized amount of $1.6875 per share.
Realty Income, The Monthly Dividend Company®, is a New York Stock Exchange real estate company dedicated to providing shareholders with dependable monthly income. To date the Company has declared 489 consecutive common stock monthly dividends throughout its 42-year operating history and increased the dividend 61 times since Realty Income’s listing on the New York Stock Exchange in 1994. The monthly income is supported by the cash flow from approximately 2,500 properties owned under long-term lease agreements with regional and national retail chains and other commercial enterprises. The Company is an active buyer of net-leased properties nationwide.
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