REALTY INCOME CORP

Realty Income Corp. (O) announced its 130th dividend increase to $0.2685 per share, representing an annualized yield of 5.72% [1], [3]. The company also announced a $2 billion share repurchase program [3] and reported 2024 results including a merger with Spirit Realty Capital, $3.9 billion in investments, and a 98.7% occupancy rate [11]. While net income and EPS decreased in Q4 2024 [3], the company maintains a strong balance sheet and A3/A- credit ratings [1], projects $4 billion investment volume for 2025 [1], and continues to be viewed as a safe and reliable investment, particularly for income-seeking investors [2], [5], [7], [8]. Risks include competition, interest rate fluctuations, and environmental liabilities [11].