SAN
DIEGO, Jan. 26, 2024 /PRNewswire/ -- Realty
Income Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced the final calculation of the
dividend tax status for its 2023 common stock dividends.
Additionally, Realty Income announced today the final calculation
of the dividend tax status for Spirit Realty Capital, Inc.'s
(Spirit, formerly NYSE: SRC) 2023 common stock dividends and 6.00%
Series A Cumulative Redeemable Preferred Stock (Series A Preferred
Stock, formerly NYSE: SRC.PRA) dividends. A portion of the common
stock dividend is considered a non-taxable distribution for both
Realty Income and Spirit. The respective tax attributes of the
dividends paid per share are outlined below:
|
Realty Income Corporation Common Stock (CUSIP:
756109104)
|
|
Total Common Dividends
Paid in 2023
|
$ 3.0510000
|
|
Ordinary Income Portion
of Dividend
|
$ 2.8434500
(93.197%)
|
|
Non-Taxable
Distribution (return of capital)
|
$ 0.2075500
(6.803%)
|
|
|
|
Spirit Realty Capital, Inc. Common Stock (CUSIP:
84860W300)
|
|
Total Common Dividends
Paid in 2023
|
$ 2.658600
|
|
Ordinary Income Portion
of Dividend
|
$ 1.896877
(71.349%)
|
|
Non-Taxable
Distribution (return of capital)
|
$ 0.761723
(28.651%)
|
|
|
|
Spirit Realty Capital, Inc. Preferred Series A
Preferred Stock (CUSIP: 84860W201)
|
|
Total Ser. A Pref.
Stock Dividends Paid in 2023
|
$ 1.5000000
|
|
Ordinary Income Portion
of Dividend
|
$ 1.5000000
(100.000%)
|
Shareholders are encouraged to consult with their tax advisors
as to their specific tax treatment of any Realty Income or Spirit
dividends received.
About the Company
Realty Income, The Monthly Dividend
Company®, is an S&P 500 company and member of the
S&P 500 Dividend Aristocrats® index. We invest in
people and places to deliver dependable monthly dividends that
increase over time. The company is structured as a REIT, and its
monthly dividends are supported by the cash flow from over 13,250
real estate properties primarily owned under long-term net lease
agreements with commercial clients. To date, the company has
declared 643 consecutive common stock monthly dividends throughout
its 55-year operating history and increased the dividend 123 times
since Realty Income's public listing in 1994 (NYSE: O). Additional
information about the company can be obtained from the corporate
website at www.realtyincome.com.
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SOURCE Realty Income Corporation