SAN
DIEGO, Jan. 28, 2025 /PRNewswire/ -- Realty
Income Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced the final calculation of the
dividend tax status for its 2024 common stock distributions, and
for its 2024 6.00% Series A Cumulative Redeemable Preferred Stock
(Series A Preferred Stock, NYSE:O PR) distributions, which were
redeemed in full on September 30,
2024. Additionally, Realty Income announced today the final
calculation of the dividend tax status for Spirit Realty Capital,
Inc.'s (Spirit, formerly NYSE: SRC) 2024 common stock
distributions. A portion of the Realty Income common stock
distributions are considered a non-taxable distribution, whereas
Spirit Realty Capital's final common stock distribution is fully a
non-taxable distribution. Respective tax attributes of the
distributions paid per share are outlined below:
|
Realty Income
Corporation Common Stock (CUSIP:
756109104)
|
|
|
Total Common
Distributions Paid in 2024
|
$ 3.1255000
|
|
Ordinary Income
Dividend
|
$ 2.1759803
(69.620%)
|
|
Non-taxable
Distribution (return of capital)
|
$ 0.9495197
(30.380%)
|
|
|
Spirit Realty
Capital, Inc. Common Stock (CUSIP: 84860W300)
|
|
|
Total Common
Distributions Paid in 2024
|
$ 0.6696000
|
|
Non-taxable
Distribution (return of capital)
|
$ 0.6696000
(100.000%)
|
|
|
Realty Income
Corporation Series A Preferred Stock (CUSIP:
756109880)
|
|
|
Total Series A Preferred Stock Distributions Paid in
2024
|
$ 1.1250000
|
|
Ordinary Income Portion of Dividend
|
$ 1.1250000
(100.000%)
|
Shareholders are encouraged to consult with their tax advisors
as to their specific tax treatment of any Realty Income common or
preferred stock dividends or Spirit common stock dividends
received.
About Realty Income
Realty Income (NYSE: O), an S&P 500 company, is real estate
partner to the world's leading companies. Founded in 1969, we
invest in diversified commercial real estate and have a portfolio
of over 15,450 properties in all 50 U.S. states, the U.K., and six
other countries in Europe. We are
known as "The Monthly Dividend Company®," and have a
mission to invest in people and places to deliver dependable
monthly dividends that increase over time. Since our founding, we
have declared 655 consecutive monthly dividends and are a member of
the S&P 500 Dividend Aristocrats® index for having
increased our dividend for the last 30 consecutive years.
Additional information about the company can be found at
www.realtyincome.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/realty-income-announces-2024-dividend-tax-allocation-for-realty-income-corporation-and-spirit-realty-capital-inc-302362426.html
SOURCE Realty Income Corporation
