O Realty Income Corporation

Range, yield & payout streak

Based on Yahoo annual dividend totals through 2025 (excludes incomplete 2026).

BDC / cash pass-through vs ordinary dividend

REIT (Real Estate Investment Trust) — a pass-through real-estate vehicle that generally must distribute most taxable income. Payout ratios often look “high” vs ordinary corporates by design. Property cash flow, occupancy, rates, and leverage drive sustainability — not the headline yield alone. Related to, but not identical to, BDC cash pass-through mechanics.

Remember: high yield ≠ safer. Pass-through vehicles (BDC / REIT) can show high distributions by design while carrying credit, rate, or occupancy risk.

Dividend safety rating

High yield ≠ safer — elevated yield often prices higher risk or return-of-capital. REITs are pass-through entities that generally must distribute most taxable income; payout ratios can look “high” vs ordinary corporates without meaning the same thing. Payout streak (non-decreasing annual totals): ~2 years.

Dividend history trend (recent payments)

Sourced from Yahoo via yfinance. Gaps or missing rows = data unavailable, not zeroes we invented.

Pass-through / BDC mechanics (deeper)

REIT (Real Estate Investment Trust) — a pass-through real-estate vehicle that generally must distribute most taxable income. Payout ratios often look “high” vs ordinary corporates by design. Property cash flow, occupancy, rates, and leverage drive sustainability — not the headline yield alone. Related to, but not identical to, BDC cash pass-through mechanics.

Advanced frame: for ordinary payers, focus on earnings/FCF coverage and balance-sheet flexibility. For REITs, focus on AFFO/FFO trends, occupancy, and debt ladders. For BDCs, focus on NII vs distribution, non-accruals, leverage vs statutory limits, and NAV drift. This page still is not a Crystal Signals entry card — no Counsel fire / manage stamp here.

Full company blurb

Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we serve our clients as a full-service real estate capital provider. As of June 30, 2026, we have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. We are known as "The Monthly Dividend Company" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 674 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index for having increased our dividend for over 31 consecutive years. Realty Income Corporation was founded in 1969 and was incorporated in Maryland.