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Realty Income a Rare REIT That Raises Its Dividend

REIT Confirms 106th Dividend Increase Since Its Listing on the NYSE in 1994
A Realty Income Corp.-owned store in Nitro, Wet Virginia. (CoStar)
A Realty Income Corp.-owned store in Nitro, Wet Virginia. (CoStar)
By Hannah Attia
CoStar Research
March 20, 2020 | 5:48 P.M.

Despite pressure on businesses in the current pandemic to preserve cash, Realty Income Corp. is bucking the trend among real estate investment trusts and raising its common stock monthly cash dividend to $0.233 per share from $0.2325 per share.

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