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Realty Income Announces 137th Dividend Increase Since 1994 Listing

The Motley Fool · ·by G4L

O Realty Income Corp
$58.82 -0.74%
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  1. 1Realty Income announced its 137th dividend increase since its listing in 1994.
  2. 2Realty Income will pay a dividend of $0.274 per share as of December 15.
  3. 3Apollo is establishing a joint venture with Realty Income to invest $1 billion in insurance capital into U.S. retail real estate portfolios.

So what's the key point?

Realty Income has raised its dividend for the 137th time since going public. The company also plans to grow its real estate business by investing $1 billion alongside Apollo.

Source The Motley Fool · View original ↗

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