Realty Income (NYSE: O), a real estate investment trust, has declared its second monthly dividend for payment in 2026, scheduled on February 13, 2025.

Continuing a now ten-year-old trend, the company will distribute $0.27 per share to investors on record as of January 30, matching the previous payout issued on January 15.

How much will 100 Realty shares earn next month?

Investors holding 100 O shares will thus receive $27 in dividend income next month. 

Since the payout amount has fluctuated in the past, it is hard to tell what the overall yearly dividend income is going to be. If the schedule remains unchanged throughout 2026, however, the overall figure will come to $325.

In 2025, for instance, the dividend increased five times, once by 1.52% and four times by 0.19%. 

Realty dividend overview

Known as “The Monthly Dividend Company,” Realty continues to offer an above-average income yield compared to the broader real estate sector. Namely, based on forward estimates, Realty Income’s dividend yield stands at 5.33%–5.36%, notably higher than the 4.46% average yield across the real estate industry. 

However, the elevated yield is accompanied by a forward payout ratio of 188.8%, which suggests that dividends might currently exceed projected earnings. While such figures are not uncommon among Realty’s REIT peers, given their cash-flow-focused structures, they can raise questions around long-term sustainability if earnings growth fails to accelerate.

Overall, with a forward annual dividend payout currently totaling $3.24 per share, Realty Income remains attractive for those looking for consistent monthly income, although the elevated payout ratio may deter investors more focused on dividend durability rather than headline yield alone.

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