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O
Realty Income Corporation
+19%
+1.8% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US
Exchange NYSE
Industry REIT - Retail
Sector Real Estate
Market Cap $46.38B
CEO Mr. Sumit Roy

Realty Income Corporation, also known as The Monthly Dividend Company, is a company that helps people earn money regularly by owning and renting out properties. They own over 6,500 buildings, like stores and other businesses, and lease them to different companies for long periods. Each month, Realty Income pays its shareholders money from the rent it collects, making it a popular choice for those looking for consistent income. They have a long history of paying these monthly dividends, showing they are reliable in providing income to their investors.

Streams of revenue

All Other Segments: 21%
Convenience Store: 12%
Drug Store: 11%
Restaurants Casual Dining: 10%
Dollar Stores: 8%
Health and Fitness 1: 8%
Theater: 6%
Grocery Stores: 5%
Transportation Service: 5%
Wholesale Club: 3%
Home Improvement: 3%
Beverage: 3%
Financial Services: 3%
General Merchandise: 2%

Geographic Distribution

Other: 0%
Spain: 0%
United States: 0%
United Kingdom: 0%

Estimations for reference only

Core Products

🏢
Office Properties Leasing office spaces
🏬
Retail Properties Leasing retail spaces
📜
Net Lease Agreements Long-term leases
🏭
Industrial Properties Leasing industrial spaces

Business Type

B2B Business to Business

Competitive Advantages

🏢
Diverse Property Portfolio Owning over 6,500 properties across various sectors reduces risk and enhances revenue stability.
📃
Long-Term Lease Agreements The company benefits from long-term leases with commercial clients, providing stable and predictable cash flow.
🤝
Reputation and Brand Trust The company's strong brand as 'The Monthly Dividend Company' fosters trust and loyalty among investors seeking reliable income.
📈
Strong Dividend Track Record Realty Income has a history of 608 consecutive monthly dividends, showcasing its reliability and commitment to returning value to shareholders.
🏆
S&P 500 Dividend Aristocrat Status Being a member of the S&P 500 Dividend Aristocrats index positions Realty Income as a leader in consistent dividend growth, attracting income-focused investors.

Key Business Risks

💼
Economic Downturn A recession could reduce consumer spending, impacting tenants' ability to pay rent and affecting overall profitability.
📉
Market Volatility Fluctuations in the real estate market can impact property values and rental income.
📈
Interest Rate Risk Rising interest rates can increase borrowing costs and make dividend yields less attractive compared to fixed income investments.
⚖️
Regulatory Changes New regulations affecting real estate or REITs could impose additional operational costs or restrictions.
🏚️
Tenant Default Risk Failure of tenants to meet lease obligations can lead to decreased cash flow and dividend payouts.

Meeting Expectations

1 /2

Higher values indicate better execution and credibility

Recent Results

Missed earnings 2024-11-04
Beat earnings 2024-08-05

Takeaways

Realty Income's strong dividend history and stable cash flow from long-term leases provide a robust business model. Its position as a Dividend Aristocrat and focus on monthly income appeal to income-focused investors, despite potential risks from market fluctuations.

Historical data shows an impressive CAGR compared with the USA stock market average, reflecting a strong market position.

Yearly Return 10Y annualized return is positive but below market average at 1.8% per year
Earnings Expectations O has met or exceeded earnings expectations in some recent quarters (1/2)

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