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Realty Income Monthly Income Class F Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 2/25/15, Realty Income Corp.'s 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock (Symbol: O.PRF) will trade ex-dividend, for its monthly dividend of $0.1380, payable on 3/16/15. As a percentage of O.PRF's recent share price of $26.76, this dividend works out to approximately 0.52%, so look for shares of O.PRF to trade 0.52% lower - all else being equal - when O.PRF shares open for trading on 2/25/15. On an annualized basis, the current yield is approximately 6.19%, which compares to an average yield of 6.91% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of O.PRF shares, versus O:

Performance Comparison Chart

Below is a dividend history chart for O.PRF, showing historical dividends prior to the most recent $0.1380 on Realty Income Corp.'s 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock:

O.PRF+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Realty Income Corp. (Symbol: O) makes up 2.82% of the iShares Cohen & Steers REIT ETF ( ICF ) which is trading up by about 0.7% on the day Monday.

In Monday trading, Realty Income Corp.'s 6.625% Monthly Income Class F Cumulative Redeemable Preferred Stock (Symbol: O.PRF) is currently up about 0.1% on the day, while the common shares (Symbol: O) are up about 0.8%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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