O Dividend: Yield, History & Ex-Dates

Realty Income (O) pays a monthly dividend. As of its most recent declaration, O paid $0.271 per share, an annual rate of $3.25, for a dividend yield of about 5.13% at a recent price of $63.34. Its most recent ex-dividend date was Jul 31, 2026, and the next one is Jul 31, 2026. This page tracks O's dividend, refreshed weekly from the exchange record.

WITH d AS (
    SELECT argMax(cash_amount, ex_dividend_date) AS latest,
           argMax(frequency, ex_dividend_date) AS freq,
           max(ex_dividend_date) AS last_ex,
           maxIf(ex_dividend_date, ex_dividend_date > today()) AS nxt
    FROM global_markets.stocks_dividends
    WHERE ticker = 'O' AND frequency IN (1, 2, 4, 12) AND ex_dividend_date >= today() - 900
),
p AS (
    SELECT argMax(toFloat64(close), window_start) AS price
    FROM global_markets.delayed_stocks_minute_aggs
    WHERE ticker = 'O' AND window_start >= now() - INTERVAL 8 DAY
)
SELECT round(d.latest, 3) AS latest_dividend,
       multiIf(d.freq = 12, 'monthly', d.freq = 4, 'quarterly', d.freq = 2, 'semi-annual', 'annual') AS frequency,
       round(d.latest * d.freq, 2) AS annual_dividend,
       round(p.price, 2) AS recent_price,
       round(d.latest * d.freq / p.price * 100, 2) AS dividend_yield_pct,
       formatDateTime(d.last_ex, '%b %e, %Y') AS last_ex_date,
       if(d.nxt > today(), formatDateTime(d.nxt, '%b %e, %Y'), 'not yet declared') AS next_ex_date
FROM d CROSS JOIN p

O dividend yield and payout

To collect a dividend you must own the shares before the ex-dividend date. O's dividend yield above is the annual rate divided by the recent price; it moves inversely with the share price, so a yield figure only means something next to the date it was measured. The per-share amounts here are the cash dividends declared, not any special or one-time distributions.

O dividend history

The most recent regular dividends O has paid, newest first:

SELECT toDate(ex_dividend_date) AS date,
       round(cash_amount, 4) AS dividend_per_share
FROM global_markets.stocks_dividends
WHERE ticker = 'O' AND frequency IN (1, 2, 4, 12) AND ex_dividend_date >= today() - 1100
ORDER BY ex_dividend_date DESC
LIMIT 10

The rhythm of the payments shows the schedule: a monthly payer sends a check on that cadence, and the per-share amount is what steps up (or holds, or is cut) over time.

O dividend growth by year

Totaling the regular dividends within each calendar year turns the individual payments into a growth picture.

SELECT toString(toYear(ex_dividend_date)) AS year,
       round(sum(cash_amount), 2) AS dividends_paid_per_share
FROM global_markets.stocks_dividends
WHERE ticker = 'O' AND frequency IN (1, 2, 4, 12)
  AND ex_dividend_date >= toDate('2019-01-01') AND ex_dividend_date < toDate(concat(toString(toYear(today())), '-01-01'))
GROUP BY year
ORDER BY year

In 2019, O paid $2.72 per share across the year; by 2025 the annual total had reached $3.49. A rising line is a company lifting its payout year after year; a flat line is a held dividend; a fall is a cut. The year-by-year record is the single most useful thing to check before treating a stock as an income holding, and it is the part of a dividend a screener's single yield number hides.

Is O a good dividend stock?

Two numbers frame that question, and both sit on this page: the yield (5.13%) and the direction of the annual payout above. A yield below the broad-market average paired with a steadily rising payout is the profile of a dividend-growth name, where the appeal is a small check today that compounds. A high yield next to a flat or falling payout is an income-now profile, and it warrants a closer look at whether earnings cover the payment. O's record above shows which of the two it looks like. What a dividend history cannot show on its own is safety: that rests on earnings and free cash flow, not on the run of past payments, so a stretched payout ratio can precede a cut that the history has not yet recorded.

When is O's ex-dividend date?

The ex-dividend date is the cutoff: buy O before it and the upcoming dividend is yours, buy on it and the dividend goes to the seller. On the ex-date the stock opens lower by roughly the dividend amount, since the cash is leaving the company. O's most recent ex-dividend date was Jul 31, 2026. The record date follows one business day later under T+1 settlement, and the pay date comes a few weeks after that. Upcoming ex-dates across the market are on the ex-dividend calendar.

FAQ

Does Realty Income pay a dividend?

Yes. O pays a monthly dividend, most recently $0.271 per share, which annualizes to about $3.25 a share.

What is O's dividend yield?

O's dividend yield is about 5.13%, calculated as the $3.25 annual dividend divided by a recent price of $63.34. Yield rises as the price falls and vice versa, so it is a snapshot, not a fixed number.

When is O's next ex-dividend date?

O's most recent ex-dividend date was Jul 31, 2026, and the next is Jul 31, 2026. As a monthly payer, O sets a new ex-date on that cadence; a date shows as declared here once the company announces it.

How much is O's dividend?

The most recent regular dividend was $0.271 per share. At a monthly cadence that annualizes to about $3.25 per share.

Every figure above is a stored, inspectable query, refreshed each week. Open the SQL under any panel to audit it, or pull any ticker's dividend record on the Strasmore terminal.