Realty Income Announces 130th Dividend Hike: Is It Sustainable?

Realty Income Corporation (O) has announced an increase in its common stock monthly cash dividend to 26.85 cents per share from 26.80 cents paid out earlier. Though the latest hike marks a marginal increase from the prior dividend, it marks its 130th dividend hike since its listing on the NYSE in 1994. Prior to this, in February 2025, the company had announced a 1.5% hike in the common stock monthly cash dividend.The increased amount will be paid out on April 15 to its shareholders on record as of April 1, ...