Realty Income Stock To Go Ex-dividend Monday (O)

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 Monday, April 29, 2013. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $49.50 as of 9:31 a.m. ET, the dividend yield is 4.4%.

The average volume for Realty Income has been 1.8 million shares per day over the past 30 days. Realty Income has a market cap of $8.82 billion and is part of the financial sector and real estate industry. Shares are up 23.1% 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 57.3, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Realty Income as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Realty Income Ratings Report.

See our dividend calendar or top-yielding stocks list.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Tax Reform Could Boost U.S. Businesses: Cramer's 'Mad Money' Recap (Wednesday 4/26/17)

REITs Will Be All Right Despite Rising Rates

Realty Income Is a REIT That Will Boost Your Income

2 Dependable REITs With Great Dividends

Western Digital, Twilio, AT&T: 'Mad Money' Lightning Round (Friday 1/6/17)