Realty Income Dividend Increase – Saturday, June 15

Image Source: PixabayRealty Income (O) recently increased its monthly dividend by 0.19%, from 26.25 cents to 26.30 cents per share. The dividend will be paid on July 15 to shareholders of record on July 1. The ex-dividend date is also July 1.Realty Income’s contribution to my portfolio’s projected annual dividend income will increase by $1.50 to $789.00.I own 250 shares of the stock at an average cost basis of $51.24 per share. Following this increase, my yield on cost is 6.16% (Realty Income’s forward yield is 5.91% at $53.37 per share).Since I opened my Realty Income position in August 2015, the stock has produced annualized total returns of 8%, including $2,345.92 in dividend income.More By This Author:Main Street Capital Dividend Increase
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