Name | Value |
---|---|
Revenues | 1,039.1M |
Cost of Revenue | 71.0M |
Gross Profit | 968.1M |
Operating Expense | 538.8M |
Operating I/L | 437.0M |
Other Income/Expense | -750.8M |
Interest Income | 184.1M |
Pretax | 245.2M |
Income Tax Expense | 11.3M |
Net Income/Loss | 233.5M |
Realty Income, The Monthly Dividend Company, is an S&P 500 real estate investment trust (REIT) that generates dependable monthly income for stockholders. With over 6,500 real estate properties leased to commercial clients, the company's cash flow supports its monthly dividends. Realty Income has a strong track record, having declared 608 consecutive common stock monthly dividends over 52 years and increased the dividend 109 times since its public listing in 1994. As a member of the S&P 500 Dividend Aristocrats index, the company's business model revolves around long-term lease agreements and consistent dividend payouts.