Realty Income Stock To Go Ex-dividend Tomorrow (O)
The ex-dividend date for Realty Income Corporation (NYSE:O) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $44.52 as of 9:31 a.m., the dividend yield is 4.9%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Realty Income Corporation (NYSE: O) is tomorrow, February 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $44.52 as of 9:31 a.m. ET, the dividend yield is 4.9%. The average volume for Realty Income has been 1.4 million shares per day over the past 30 days. Realty Income has a market cap of $7.96 billion and is part of the financial sector and real estate industry. Shares are up 10.6% year to date as of the close of trading on Monday. 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 51.7, above the S&P 500 P/E ratio of 17.7.
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