NEW YORK (
) -- The ex-dividend date for
) is Monday, January 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $36.43 as of 10:40 a.m. ET, the dividend yield is 4.8%.
The average volume for Realty Income has been 837,900 shares per day over the past 30 days. Realty Income has a market cap of $4.78 billion and is part of the
industry. Shares are up 4.5% year to date as of the close of trading on Thursday.
Realty Income Corporation engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. The company has a P/E ratio of 36.3, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Realty Income as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full