Realty Income Corporation ( O ) will begin trading ex-dividend on December 31, 2018. A cash dividend payment of $0.221 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased O prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th year that O the same dividend. At the current stock price of $63.31, the dividend yield is 4.19%.
The previous trading day's last sale of O was $63.31, representing a -5.38% decrease from the 52 week high of $66.91 and a 33.99% increase over the 52 week low of $47.25.
O is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). O's current earnings per share, an indicator of a company's profitability, is $1.19. Zacks Investment Research reports O's forecasted earnings growth in 2018 as 2.47%, compared to an industry average of -2.3%.
Interested in gaining exposure to O through an Exchange Traded Fund [ETF]?
The following ETF(s) have O as a top-10 holding:
- iShares Trust ( ICF )
- Invesco S&P 500 Equal Weight Real Estate ETF ( EWRE )
- Invesco S&P 500 High Dividend Low Volatility ETF ( SPHD )
- First Trust S&P REIT Index Fund ( FRI )
- iShares Core U.S. REIT ETF ( USRT ).
The top-performing ETF of this group is ICF with an decrease of -7.13% over the last 100 days. It also has the highest percent weighting of O at 3.76%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.