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Realty Income Corporation

Halal Rating :
Uncomfortable
Last Price $54.65 Last updated:
Market Cap $47.8b
7D Change 4.15%
1 Year Change -1.67%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Trading
  • REIT
Exchange NYSE
Next Earnings Date Nov. 4, 2024

Realty Income Corporation is a real estate investment trust (REIT) that invests in free-standing, single-tenant commercial properties in the United States, Puerto Rico, the United Kingdom, and Spain. The company leases these properties to tenants under long-term net lease agreements where the tenant is responsible for taxes, maintenance, and insurance. Founded in 1969, Realty Income is known for its monthly dividend payments, earning it the moniker 'The Monthly Dividend Company®'.

The company's portfolio primarily consists of retail properties, but also includes industrial, office, and other commercial properties. Major tenants include convenience stores, drug stores, dollar stores, grocery stores, and various retail and service-oriented businesses.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.33b $1.1b - $261.26m 0.00% 23.68%
June 30, 2024 $1.34b $1.1b - $246.93m 0.00% 22.52%
March 31, 2024 $1.26b $1.14b - $240.61m 0.00% 21.19%

Company Impact

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