Realty Income Increases Their Dividend by 2.4% in 2023

realty income logo

Dividend Increase Announcement

On February 18th, Realty Income announced a dividend increase of 2.4%. This will increase their dividend from $0.2485 to $0.2545. It is payable on March 15th for shareholders of record on March 1st. The new dividend represents an annualized dividend amount of $3.05 per share as compared to the current annualized dividend amount of $2.98 per share.

Realty Income Dividend Information

Annual Dividend: $3.05
Dividend Growth History: 29 years
Dividend Yield: 4.65%

Dividend Increase Effect

I am currently holding 48.941 shares of Realty Income stock in the More Dividends portfolio. With this 2.4% increase it will add an additional $3.52 to my projected annual dividend income and this doesn’t even take into account the compounding factor! That brings the new grand total up to $2,435.63

As you can see my grand total has declined since I last reported. Unfortunately, Store Capital went private that gave me some fresh capital to invest but that also took a portion of my dividend income as well.

To Learn More About Dividend Investing Check Out This Book Called DIVIDEND INVESTING FOR BEGINNERS.

Current Stock Position

Realty Income has been a consistent earner for me. It has been in my portfolio for many years now. I have enjoyed holding the position because the dividend does get paid every month so I have really been getting to see the position compound over time.

I would love to be able to add to this position but currently the share price is higher than my cost basis. So for now, I will continue to hold this position and allow it to compound.

Regardless of how large or small, I love all dividend increases. That is how we end up with More Dividends 😉

Do you currently hold any stock in Realty Income? What do you think of this dividend increase? Just let me know in the comments.

As always I look forward to reading all of your comments and questions, until then….. happy investing!

-Jason from

jason from more dividends

Recent Dividend Increases in Portfolio

Pfizer Increases Their Dividend by 2.5% in 2022
Realty Income Increases Their Dividend by 0.2% One More Time in 2022
Archer Daniels Midland Increases Their Dividend by 12.5% in 2023

Be sure and follow me on your favorite social media platform:

Facebook: MoreDividendsdotcom
Twitter @MoreDividends
Instagram Hiking.In.Georgia.And.More
Tik Tok Hiking.In.Georgia

If you would like to receive an email whenever I publish a new article:


Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge