{"slug":"reit-payout-ratio-ffo-vs-eps","qid":"o_monthly_dividend","label":"Realty Income (O): monthly dividend per share, January 2021 to the latest declared payment","post_title":"REIT Payout Ratio: FFO vs EPS Explained","post_url":"/blog/reit-payout-ratio-ffo-vs-eps#q-o_monthly_dividend","columns":["month","month_label","monthly_dividend_usd"],"rows":[{"month":"2021-01","month_label":"January 2021","monthly_dividend_usd":0.2345},{"month":"2021-02","month_label":"February 2021","monthly_dividend_usd":0.2345},{"month":"2021-03","month_label":"March 2021","monthly_dividend_usd":0.235},{"month":"2021-04","month_label":"April 2021","monthly_dividend_usd":0.235},{"month":"2021-05","month_label":"May 2021","monthly_dividend_usd":0.235},{"month":"2021-06","month_label":"June 2021","monthly_dividend_usd":0.2355},{"month":"2021-07","month_label":"July 2021","monthly_dividend_usd":0.2355},{"month":"2021-08","month_label":"August 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2024","monthly_dividend_usd":0.2635},{"month":"2024-12","month_label":"December 2024","monthly_dividend_usd":0.2635},{"month":"2025-01","month_label":"January 2025","monthly_dividend_usd":0.264},{"month":"2025-02","month_label":"February 2025","monthly_dividend_usd":0.264},{"month":"2025-03","month_label":"March 2025","monthly_dividend_usd":0.268},{"month":"2025-04","month_label":"April 2025","monthly_dividend_usd":0.2685},{"month":"2025-05","month_label":"May 2025","monthly_dividend_usd":0.2685},{"month":"2025-06","month_label":"June 2025","monthly_dividend_usd":0.2685},{"month":"2025-07","month_label":"July 2025","monthly_dividend_usd":0.269},{"month":"2025-08","month_label":"August 2025","monthly_dividend_usd":0.269},{"month":"2025-09","month_label":"September 2025","monthly_dividend_usd":0.269},{"month":"2025-10","month_label":"October 2025","monthly_dividend_usd":0.2695},{"month":"2025-11","month_label":"November 2025","monthly_dividend_usd":0.2695},{"month":"2025-12","month_label":"December 2025","monthly_dividend_usd":0.27},{"month":"2026-01","month_label":"January 2026","monthly_dividend_usd":0.27},{"month":"2026-02","month_label":"February 2026","monthly_dividend_usd":0.27},{"month":"2026-03","month_label":"March 2026","monthly_dividend_usd":0.2705},{"month":"2026-04","month_label":"April 2026","monthly_dividend_usd":0.2705},{"month":"2026-05","month_label":"May 2026","monthly_dividend_usd":0.2705},{"month":"2026-06","month_label":"June 2026","monthly_dividend_usd":0.271},{"month":"2026-07","month_label":"July 2026","monthly_dividend_usd":0.271}],"shape":"series","sql":"WITH m AS (\n    SELECT toStartOfMonth(ex_dividend_date) AS month_start,\n           max(toFloat64(cash_amount)) AS rate\n    FROM global_markets.stocks_dividends\n    WHERE ticker = 'O'\n      AND distribution_type = 'recurring'\n      AND cash_amount > 0\n      AND ex_dividend_date >= toDate('2021-01-01')\n      AND ex_dividend_date < toDate('2026-08-01')\n    GROUP BY month_start\n)\nSELECT formatDateTime(month_start, '%Y-%m') AS month,\n       formatDateTimeInJodaSyntax(month_start, 'MMMM yyyy') AS month_label,\n       round(rate, 4) AS monthly_dividend_usd\nFROM m\nORDER BY month_start","computed_at":"2026-08-22T04:18:31.493639+00:00","elapsed":0.067796285}