Cash Dividend On The Way From Realty Income Class E Cumulative Redeemable Preferred Stock

On 12/27/13, 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 1/15/14. As a percentage of O.PRE's recent share price of $24.47, this dividend works out to approximately 0.57%, so look for shares of O.PRE to trade 0.57% lower -- all else being equal -- when O.PRE shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 6.87%, which co...