O (Realtyome) Dividend Payout Ratio (2024)

: 2.13 (As of Dec. 2023)

Realtyome's dividend payout ratio for the months ended in Dec. 2023 was 2.13.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Realty Income Corp is 2.24, which seems too high.

The historical rank and industry rank for Realtyome's Dividend Payout Ratio or its related term are showing as below:

O' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.92 Med: 2.15 Max: 2.48
Current: 2.24


During the past 13 years, the highest Dividend Payout Ratio of Realtyome was 2.48. The lowest was 1.92. And the median was 2.15.

O's Dividend Payout Ratio is ranked worse than
83.04% of 560 companies
in the REITs industry
Industry Median: 1.02 vs O: 2.24


As of today (2024-04-11), the Dividend Yield % of Realtyome is 5.94%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Realtyome was 6.49%. The lowest was 3.38%. And the median was 4.58%.

Realtyome's Dividends per Share for the months ended in Dec. 2023 was $0.77.

During the past 12 months, Realtyome's average Dividends Per Share Growth Rate was 3.00% per year.During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year.During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year.During the past 10 years, the average Dividends Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Realtyome was 61.50% per year. The lowest was -7.90% per year. And the median was 4.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Realtyome Dividend Payout Ratio Historical Data

The historical data trend for Realtyome's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Realtyome Annual Data
TrendDec14Dec15Dec16Dec17Dec18Dec19Dec20Dec21Dec22Dec23
Dividend Payout Ratio
1.92 2.05 2.01 2.21 2.23
Realtyome Quarterly Data
Mar19Jun19Sep19Dec19Mar20Jun20Sep20Dec20Mar21Jun21Sep21Dec21Mar22Jun22Sep22Dec22Mar23Jun23Sep23Dec23
Dividend Payout Ratio2.10 2.25 2.38 2.20 2.13

Competitive Comparison

For the REIT - Retail subindustry, Realtyome's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Realtyome Dividend Payout Ratio Distribution

For the REITs industry and Real Estate sector, Realtyome's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Realtyome's Dividend Payout Ratio falls into.


Realtyome Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Realtyome's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.059/ 1.372
=2.23

Realtyome's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.769/ 0.361
=2.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Realtyome (NYSE:O) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Realtyome Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Realtyome's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Realtyome (NYSE:O) Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Real Estate » REITs » Realty Income Corp (NYSE:O) » Definitions » Dividend Payout Ratio

Comparable Companies

SPG KIM REG FRT NNN BRX ADC KRG PECO MAC ASX:SCG XPAR:URW HKSE:00823 SGX:C38U XPAR:LI ASX:VCX TSE:8953 TSX:REI.UN LSE:SHC TSX:CHP.UN

Traded in Other Exchanges

O:Mexico RY6:Germany RY6:Germany RY6:Germany R1IN34:Brazil

Address

11995 El Camino Real, San Diego, CA, USA, 92130

Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

Executives

A. Larry Chapmandirector600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Neil Abrahamofficer: EVP, CIO11995 EL CAMINO REAL, SAN DIEGO CA 92130
Gregory J. Whyteofficer: EVP, Chief Operating OfficerC/O TIER REIT, INC., 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Mary Hogan PreussedirectorC/O KIMCO REALTY CORP., 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Priscilla Almodovardirector45 WEST 10TH STREET, NEW YORK NY 10011
Shannon Kehleofficer: EVP, Chief People Officer11995 EL CAMINO REAL, SAN DIEGO CA 92130
Ronald Merrimandirector6175 NANCY RIDGE, SAN DIEGO CA 92121
Gregory Mclaughlindirector220 WEST CREST STREET, ESCONDIDO CA 92025
Jacqueline Valerie Bradydirector53 CREEKVIEW LANE, YARDLEY PA 19067
Michelle Bushoreofficer: EVP, CLO, GC & Secretary11995 EL CAMINO REAL, SAN DIEGO CA 92130
Priya Cherian Huskinsdirector600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Christie B. Kellydirector600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Paul M Meurerofficer: EVP CFO & Treasure
Michael R Pfeifferofficer: EVP Gen. Counsel & Sec.
Benjamin N Foxofficer: SVP, Asset & Port. Mgmt.11995 EL CAMINO REAL, SAN DIEGO CA 92130

Realtyome (NYSE:O) Headlines

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O (Realtyome)  Dividend Payout Ratio (2024)

FAQs

What is a good dividend payout ratio for a REIT? ›

Typically, a REIT with a payout ratio between 35% and 60% is considered ideal and safe from dividend cuts, while ratios between 60% and 75% are moderately safe, and payout ratios above 75% are considered unsafe. As a payout ratio approaches 100% of earnings, it generally portends a high risk for a dividend cut.

What is the dividend payout ratio for O Realty? ›

Dividend Data

Realty Income Corporation's ( O ) dividend yield is 5.65%, which means that for every $100 invested in the company's stock, investors would receive $5.65 in dividends per year. Realty Income Corporation's payout ratio is 289.08% which means that 289.08% of the company's earnings are paid out as dividends.

What is a good payout ratio for dividends? ›

So, what counts as a “good” dividend payout ratio? Generally speaking, a dividend payout ratio of 30-50% is considered healthy, while anything over 50% could be unsustainable.

Is O-dividend safe? ›

Realty Income Corp (Symbol: O) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F.

How to tell if a REIT is good? ›

The 3 most common metrics used to compare the relative valuations of REITs are:
  1. Cap rates (Net operating income / property value)
  2. Equity value / FFO.
  3. Equity value / AFFO.

What is the 90% rule for REITs? ›

To qualify as a REIT, a company must have the bulk of its assets and income connected to real estate investment and must distribute at least 90 percent of its taxable income to shareholders annually in the form of dividends.

Is O realty a buy? ›

Is O a Buy, Sell or Hold? Realty Income has a consensus rating of Moderate Buy which is based on 5 buy ratings, 3 hold ratings and 0 sell ratings.

What is the dividend growth rate for O Realty? ›

2024 was $0.77. During the past 12 months, Realtyome's average Dividends Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year.

Has Realty Income ever cut their dividend? ›

Throughout our operating history, we have never decreased the amount of our regular monthly dividend payment.

What does a 50% dividend payout ratio mean? ›

Total Annual Dividend Payments ÷ Annual Earnings = Dividend Payout Ratio. Say a company earns $100 million this year and makes $50 million in dividend payments to its shareholders. In this case, its dividend payout ratio would be 50%. You can also use per-share amounts to get the same result.

How much is a good dividend payout? ›

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

What is a low dividend payout ratio? ›

A low dividend payout is when a company keeps the majority of its profits and reinvests it in the business and then gives out the rest as dividends. For example, if a company reinvests 60% of its profits back into the business and then pays out the rest in dividends, it has a dividend payout of 40%.

What is the payout ratio for O Realty? ›

Realty Income's operated at median affo payout ratio (reit) of 78.5% from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Realty Income's affo payout ratio (reit) peaked in December 2020 at 82.2%. Realty Income's affo payout ratio (reit) hit its 5-year low in December 2022 of 75.5%.

Will realty income recover? ›

The company owns nearly 15,500 single-tenant properties in the U.S. and seven European countries. At an occupancy rate of nearly 99%, its business model remains solid. Despite that benefit, its stock never recovered from its high in early 2020 amid a pandemic and rising interest rates.

Is realty income undervalued? ›

The first undervalued dividend stock purchased by some of the best managers recently was Realty Income O. Realty Income is the largest triple-net REIT in the United States, with more than 13,000 properties housing retail tenants who are responsible for paying all property expenses including real estate taxes, ...

What is a good current ratio for a REIT? ›

A Current Ratio above one informs that the REITs Total Current Assets are greater than its Total Current Liabilities. Therefore, the higher the current ratio is above one, the better chances that the REIT is in a position to pay its debt/obligations within the next 12 months.

What is the average dividend return for a REIT? ›

As of Dec. 12, 2023 publicly traded U.S. equity REITs posted a one-year average dividend yield of 4.09 percent. The health care REIT sector recorded the highest one-year average dividend yield among this group, at 5.07 percent, outperforming the broader Dow Jones Equity All REIT Index by 0.98 percentage points.

What is a good ROI for a REIT? ›

According to the S&P 500 Index, the average annual return on investment for residential real estate in the United States is 10.6 percent, so anything above that can be considered better than average. Commercial real estate averages a slightly lower ROI of 9.5 percent, while REITs average a slightly higher 11.3 percent.

What is a good gearing ratio for a REIT? ›

Between 25% and 50%: A gearing ratio within this range is typically considered optimal or normal for well-established companies. Lower Than 25%: Gearing ratios that fall under this value are typically considered low-risk by both investors and lenders.

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