Realty Income Has Paid 676 Consecutive Monthly Dividends. Here’s How Its Earnings Results Fit the Bigger Picture.

Realty Income reported Q3 2026 earnings with AFFO up 3.7% to $1.12 per share and raised full-year guidance to $4.45-$4.46. The REIT maintains a 73% dividend payout ratio, invested $2.6 billion in the quarter at 6.8% yield, and continues its 56-year streak of consecutive monthly dividends supported by a diversified tenant base and 96%+ occupancy rates.