Realty Income Corporation (NYSE: O), also known as The Monthly Dividend Company®, has recently made an exciting regarding an increase in their common stock monthly cash dividend. The company's Board of Directors has declared a rise in the monthly dividend from $0.2550 per share to $0.2555 per share. This decision reflects Realty Income's commitment to providing consistent and growing returns to its stockholders.

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121st Dividend Increase

Realty Income's dedication to enhancing shareholder value is evident in its consistent dividend growth. With this recent increase, the company has achieved an impressive milestone of 121 dividend increases since its listing on the NYSE in 1994.

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Payment and Record Dates

The increased dividend is set to be paid on July 14, 2023, to stockholders who are recorded as of July 3, 2023. Investors who want to receive the dividend must ensure they are registered as stockholders by the record date.