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Hike Isn't a Four-Letter Word at Realty Income

Rick Munarriz, The Motley Fool
·3 min read
Hike Isn't a Four-Letter Word at Realty Income
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No one is surprised that Realty Income (NYSE: O) is boosting its dividend this week, just three months after its last hike. Realty Income does stand out as one of the few REITs that happen to declare monthly distributions instead of once every quarter. Realty Income's monthly rate will go from $0.2345 to $0.235 per share.