Realty Income Announces Milestone Of $3 Billion In Common Stock Dividends Paid

Realty Income Announces Milestone Of $3 Billion In Common Stock Dividends Paid

PR Newswire

ESCONDIDO, Calif., June 16, 2014

ESCONDIDO, Calif., June 16, 2014 /PRNewswire/ -- Realty Income Corporation
(Realty Income), The Monthly Dividend Company^®, (NYSE: O), announced today
that with the payment of the June 2014 dividend, the company has paid over $3
billion in common stock dividends to its shareholders.

Realty Income has been paying monthly dividends to its shareholders since its
founding in 1969. In addition, since October 1994 when the company began
trading on the New York Stock Exchange, the dividend has increased 75 times
resulting in a compounded average annual growth rate of approximately 5%.The
annualized dividend amount has grown from $0.90 per share in 1994 to $2.19 per
share as of June 2014, an increase of 143.3%.

Commenting on this milestone, Chief Executive Officer, John P. Case said, "We
are pleased with the company's consistent performance that has allowed us to
pay over $3 billion in monthly dividends to our shareholders. Throughout our
45-year operating history, we have experienced a variety of economic
environments and have managed the business to maintain the safety and the
growth of our dividend over time.As The Monthly Dividend Company^®, we remain
committed to operating our company in a manner that supports the payment of
monthly dividends to our shareholders."

Dividend Increases.

About Realty Income
Realty Income is The Monthly Dividend Company^®, a New York Stock Exchange
real estate company dedicated to providing shareholders with dependable
monthly income. In March 2014, Realty Income announced the 66^th consecutive
quarterly dividend increase, which is the 75^th increase in the amount of the
dividend since the company's listing on the New York Stock Exchange in 1994.
To date, the company had paid 527 consecutive monthly dividends throughout its
45-year operating history. The monthly income is supported by the cash flows
from over 4,200 properties owned under long-term lease agreements with
regional and national retail chains and other commercial tenants. The company
is an active buyer of net-leased properties nationwide. Additional information
about the company can be obtained from the corporate website at

Forward-Looking Statements
Statements in this press release that are not strictly historical are
"forward-looking" statements. Forward-looking statements involve known and
unknown risks, which may cause the company's actual future results to differ
materially from expected results. These risks include, among others, general
economic conditions, local real estate conditions, the availability of capital
to finance planned growth, continued volatility and uncertainty in the credit
markets and broader financial markets, property acquisitions and the timing of
these acquisitions, charges for property impairments, the outcome of any legal
proceedings to which the company is a party, and the profitability of Crest,
the company's subsidiary, as described in the company's filings with the
Securities and Exchange Commission. Consequently, forward-looking statements
should be regarded solely as reflections of the company's current operating
plans and estimates. Actual operating results may differ materially from what
is expressed or forecast in this press release. The company undertakes no
obligation to publicly release the results of any revisions to these
forward-looking statements that may be made to reflect events or circumstances
after the date these statements were made.

Note to Editors: Realty Income press releases are available on the internet at

Realty Income Corporation - The Monthly Dividend Company.

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SOURCE Realty Income Corporation

Contact: Paul M. Meurer, Executive Vice President, Chief Financial Officer &
Treasurer, (760) 741-2111
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