Realty Income raises dividend after 10-year Treasury yield hits 5%
Realty Income increased its monthly dividend to $0.274 per share, benefiting investors amid rising Treasury yields.
Realty Income raised its monthly dividend to $0.274 per share from $0.2715 on Tuesday, marking its 137th dividend increase since 1994, according to 247wallst.com and aol.com.
This dividend increase came hours after the 10-year Treasury yield traded above 5%, a significant benchmark in the fixed income market, as reported by both sources.
For example, a 72-year-old widow holding 5,000 shares, valued around $300,000, now receives $1,370 a month or $16,440 annually in dividends.
The payout represents 72.6% of the company's third-quarter adjusted funds from operations (AFFO) and 74% of the low end of its 2026 guidance, indicating the dividend is well covered by earnings.
Tax implications differ depending on the account type: the dividend costs $1,833 in federal tax in a brokerage account due to a 20% REIT deduction and a return-of-capital component, whereas the same income withdrawn from an IRA would incur $3,602 in federal tax, according to 247wallst.com and aol.com.
- 247wallst.com: Realty Income Just Raised Its Dividend Hours After the 10 - Year Treasury Hit 5 %. A Widow With $300 , 000 in the Stock Now Gets $1 , 370 a Month . Here How Safe the Check Is
- aol.com: Realty Income Just Raised Its Dividend Hours After the 10 - Year Treasury Hit 5 %. A Widow With $300 , 000 in the Stock Now Gets $1 , 370 a Month . Here How Safe the Check Is
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