Realty Income Monthly Income Class E Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 10/30/13, Realty Income Corp.'s 6.75% Monthly Income Class E Cumulative Redeemable Preferred Stock (NYSE: O.PRE) will trade ex-dividend, for its monthly dividend of $0.1406, payable on 11/15/13. As a percentage of O.PRE's recent share price of $24.93, this dividend works out to approximately 0.56%, so look for shares of O.PRE to trade 0.56% lower -- all else being equal -- when O.PRE shares open for trading on 10/30/13. On an annualized basis, the current yield is approximately 6.79%, which c...