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Realty Income raises its monthly dividend by 1.5%, marking the 129th increase since 1994.
Realty Income Corp., known for its monthly dividends, announced a dividend increase to $0.268 per share, up 1.5% from the previous month.
The dividend, payable on March 14, shows the company's 129th dividend increase since 1994.
Despite a 3.6% decrease in dividends over three years, analysts expect the company to earn enough next year to maintain its dividend payments.
Realty Income, with over 15,450 properties, has a market cap of $48.74 billion and is part of the S&P 500 Dividend Aristocrats index.
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Realty Income aumenta su dividendo mensual en 1,5%, lo que marca el 129o aumento desde 1994.