Realty Income Corporation ( (O) ) has released its Q1 earnings. Here is a breakdown of the information Realty Income Corporation presented to its investors.
Realty Income Corporation, known as ‘The Monthly Dividend Company,’ is a prominent real estate investment trust (REIT) that specializes in commercial properties across the United States and Europe, offering investors consistent monthly dividends. In its latest earnings report for the first quarter of 2025, Realty Income reported a net income of $249.8 million, translating to $0.28 per share, and an increase in Adjusted Funds from Operations (AFFO) per share by 2.9% to $1.06 compared to the same period last year. The company invested $1.4 billion with an initial yield of 7.5% and maintained a high occupancy rate of 98.5% across its diverse portfolio of over 15,600 properties. Key financial highlights include a total revenue of $1.38 billion, a 1.3% increase in same-store rental revenue, and a successful settlement of 11.2 million shares through its At-The-Market program, raising $632 million. Realty Income also issued $600 million in senior unsecured notes and expanded its credit facilities to $5.38 billion, reinforcing its strong liquidity position. Looking ahead, Realty Income remains focused on strategic growth and maintaining its robust dividend policy, with management expressing confidence in the company’s ability to navigate market conditions and deliver reliable returns to shareholders.