Realty Income Announces Third Quarter Revenue Increase of 7%

Realty Income Corporation, The Monthly Dividend Company® O, today announced operating results for the third quarter ended September 30, 2010. All per share amounts presented in this press release are on a diluted per common share basis, unless stated otherwise.

COMPANY HIGHLIGHTS:

  • Revenue increased 7.0% to $87.2 million as compared to $81.5 million
  • FFO available to common stockholders decreased 0.8% to $47.8 million
  • FFO per share decreased 2.1% to $0.46
  • AFFO per share was unchanged at $0.47
  • Net income available to common stockholders per share was $0.25
  • Portfolio occupancy increased to 96.4%
  • Same store rents increased 0.3% to $78.7 million
  • Dividends paid per common share increased 0.9%
  • The monthly dividend increased for the 52nd consecutive quarter to an annualized amount of $1.72725 per share
  • Invested $13.9 million in two new properties
  • Raised $197 million from common stock offering  

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Posted In: EarningsNewsFinancialsRetail REIT's
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