O REIT — Realty Income Corporation

Realty Income Corporation (O)

O is a low-cost REIT. As of August 24, 2026, its distribution rate is 5.15%, its trailing-12-month yield is 5.62%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Fund total return is 5500.8% over the past 31.8 years, 2746.9 points ahead of SPY at 2753.9%.

At the current 5.15% distribution rate, a $10,000 investment would generate approximately $515 per year, or $42.92 per month on an equivalent basis.

Realty Income is a real estate investment trust that owns a diversified portfolio of over 15,500 freestanding, single-tenant commercial properties across the United States, the United Kingdom, and continental Europe, leasing them to leading companies under long-term net lease agreements. The REIT distributes dividends monthly and has a long history of consistent dividend growth, including over 30 consecutive years of increases and membership in the S&P 500 Dividend Aristocrats. It appeals primarily to income-focused investors seeking regular, predictable cash distributions with growth potential.

O performance versus SPY

Data as of August 24, 2026.

Fund total return is 5500.8% over the past 31.8 years, 2746.9 points ahead of SPY at 2753.9%. Its deepest 1-year drawdown was 11.1%.

O key facts

Data as of August 24, 2026.

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

5.15%

Issuer

Realty Income

Asset type

REIT

Asset class

Real Estate

Inception date

10/18/1994

Distribution rate

5.15%

Distribution frequency

Monthly

Trailing yield

5.62%

5-year average yield

5.07

Last close

$62.60

Market cap

$59,233,247,232

Average volume

4099600.0

Last dividend

$0.2710

Ex-dividend date

08/31/2026

Payment date

09/15/2026

Beta

0.72

Payout ratio

0.5111

P/E ratio

46.0294

Forward P/E

38.0228

EPS

$1.36

How Dividend Vision calculates yield and returns

Distribution rate (5.15%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.62%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 24, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 24, 2026.

Primary sources: Realty Income fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

O risks and drawbacks

The deepest 1-year drawdown on record here is 11.1%.

Who may consider O — and who may not

O may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare O

O vs similar funds:

• O vs SCHD
• O vs VNQ
• O vs IYRI
• O vs ADC
• O vs EPRT
• O vs MAIN

Frequently asked questions

More funds from Realty Income.