LONDON, UK / ACCESSWIRE / October 30, 2017 / Pro-Trader Daily takes a closer look at Realty Income Corp. (NYSE: O) as the Company's stock will begin trading ex-dividend on October 31, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on October 30, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

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Dividend Declared

On October 10, 2017, Realty Income announced that its Board of Directors has declared dividend amount of $0.212 per share, representing an annualized amount of $2.544 per share, payable on November 15, 2017, to shareholders of record as of November 01, 2017.

Realty Income's indicated dividend represents a yield of 4.67%, which is substantially above the average dividend yield of 3.27% for the Financial sector. The dividend announced was the Company's 568th consecutive common stock monthly dividend

Dividend Insights

Realty Income has a dividend payout ratio of 84.8%, which means that the Company distributes approximately $0.85 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Realty Income is estimated to report earnings of $1.24 for the next year compared to the Company's annualized dividend of $3.00 per share. One of the primary reasons for the difference between earnings and annualized dividend is that Realty Income is a Real Estate Investment Trust (REIT) which is structured by law to distribute at least 90% of earnings. Moreover, since REITs generate income from owning portfolios of investment real estate, they are likely to have higher depreciation charges.

Since depreciation is a non-cash charge, it does not directly impact the ability of dividend the companies can distribute. For this reason, Fund from Operations (FFO) is calculated by adding depreciation and amortization to earnings and subtracting any gains on sales which then provides a better picture of any company's profitability and capacity to pay and to sustain dividends.

Realty Income posted net income for the quarter ended September 30, 2017, of $0.32 compared to $0.27 for Q3 2016. The Company's FFO per share for the quarter ended September 30, 2017, increased 5.5% to $0.77 compared to $0.73 for the year-ago same period. The FFO indicates that Realty Income should be able to comfortably cover its dividend payout.

As of September 30, 2017, Realty Income had cash and cash as on December equivalents of $3.20 million compared to $9.42 million 31, 2016. The Company's total assets on September 30, 2017, were $13.70 billion, while its total liabilities came in at $6.33 billion. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for Realty Income

On October 25, 2017, Realty Income announced operating results for the quarter ended September 30, 2017. The Company reported revenues grew 10% to $306.9 million compared to $277.2 million for Q3 2016. Net income available to common stockholders for the quarter ended September 30, 2017, was $87.9 million compared to $70.3 million for Q3 2016, while FFO for the reported quarter jumped 12.2% to $211.2 million compared to $188.3 million for the year-ago same period.

As of September 30, 2017, Realty Income's portfolio of freestanding, single-tenant properties consisted of 5,062 properties located in 49 states and Puerto Rico, leased to 251 different commercial tenants, and doing business in 47 industries. The properties are leased under long-term, net lease agreements with a weighted average remaining lease term of 9.6 years.

About National Realty Income Corp.

Realty Income, The Monthly Dividend Company®, is an S&P 500 Company dedicated to providing shareholders with dependable monthly income. The Company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the Company has declared 568 consecutive common stock monthly dividends throughout its 48-year operating history and increased its dividend 93 times since Realty Income's public listing in 1994.

Stock Performance

At the close of trading session on Friday, October 27, 2017, Realty Income's stock price marginally rose 0.92% to end the day at $53.93. A total volume of 1.81 million shares were exchanged during the session, which was above the 3-month average volume of 1.62 million shares. The Company's shares are trading at a PE ratio of 44.28 and have a dividend yield of 4.71%. At Friday's closing price, the stock's net capitalization stands at $14.65 billion.

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