Showing posts with label company. Show all posts
Showing posts with label company. Show all posts

Thursday, February 24, 2011

NNN Lease Market News

Realty Income Corporation (Realty Income), The Monthly Dividend Company ® , (NYSE:O), today announced that its Board of Directors has declared an increase in the Company´s common stock monthly cash dividend to $0.14425 per share from $0.1439375 per share. The dividend is payable on January 18, 2011 to shareholders of record as of January 3, 2011.
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 486 consecutive common stock monthly dividends throughout its 41-year operating history and increased the dividend 60 times since Realty Income´s listing on the New York Stock Exchange in 1994. The monthly income is supported by the cash flow from over 2,400 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.