If You'd Bought 100 Shares of Realty Income 10 Years Ago, Here's the Dividend Check You'd Be Cashing Today

Core Insights - Realty Income is a real estate investment trust (REIT) that is required to pay out at least 90% of its income as dividends, currently offering a dividend yield of 5.35% as of March 25 [1][5] Dividend Payments - Realty Income pays dividends monthly, with the most recent payment being $0.2705 per share, scheduled for April 15 [2] - If an investor purchased 100 shares in 2016, after a stock split in 2021, they would now hold approximately 103 shares, resulting in a monthly dividend payment of $27.86, equating to an annual run rate of about $334 [3] Stock Performance - The current stock price is $60.72, with a market capitalization of $56 billion [4] - The effective dividend yield for an investment made in 2016 at around $5,700 is 5.86%, which is higher than the current yield of 5.35% [5] Investment Considerations - Realty Income has a strong track record, having paid nearly 670 consecutive monthly dividends and increased its dividend 134 times since its NYSE listing in 1994 [6] - The company's business model involves triple-net leases, where tenants cover real estate taxes, property insurance, and operating expenses, allowing for modest rent increases [6]