Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

RY6

50.020000 EUR
0.29
0.58%
Last update Jun 12, 4:00 PM CEST
Main market
Day range
49.91000
50.020000
Previous close
50.31000
Open
49.92000
Access this stock data via API
Subscribe
Realty Income Corporation
50.02
0.29
0.58%

Overview

Description

Realty Income Corporation is a leading real estate investment trust (REIT) that specializes in acquiring and managing a diversified portfolio of commercial properties primarily under long-term lease agreements. Its primary function is to provide reliable monthly income to investors, often branded as the "Monthly Dividend Company" due to its strong track record of regular dividend payments. These payments appeal to income-focused investors, highlighting the asset’s stability in cash flow generation. Realty Income Corporation focuses on a wide range of commercial properties such as retail, industrial, and office spaces, with a strong emphasis on retail properties leased to well-known tenants like Walgreens, Dollar General, and FedEx. Its business model emphasizes net leases, where tenants are responsible for property taxes, insurance, and maintenance, thereby reducing financial risk and providing stable returns. With a legacy dating back to 1969, Realty Income plays a significant role in the financial markets by offering an inflation-hedged income stream and diversification opportunities for investors. Its consistent performance and strategic property acquisitions enhance shareholder value, reinforcing its stature as a cornerstone in the income-generating segment of the real estate industry.

About

CEO
Mr. Sumit Roy
Employees
468
Address
11995 El Camino Real
San Diego, 92130, CA
United States
Phone
(858) 284-5000
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Retail
Country
Germany
MIC code
XDUS
Main market

Exchange is currently active.
Closing in 8 hours 13 minutes

11:46
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).