1
Derived from payout historyIncome reliability
Monthly income profile is visible
O has an income profile aligned with its reit role. Provider data shows 12 recent payout records.
Market dataIncome framework read
REITNYSEUnited States
O
Realty Income
Real EstateREIT distributionMonthly
Market Snapshot
US$61.53
+US$0.95 (1.57%)
NYSE
Yield
5.29%
Rate US$3.25
Next Payment
Next pay in 22 days
Ex-date 2026-06-30
52wk Position
46.94%
-9.43% below high
Updated just now
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- US$27.08
- APR
- 0.440
- Coverage
- 0.440
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- US$27.08
- Cushion
- -US$34.45
- Cushion %
- -55.98%
Current US$61.53Break US$27.08
Smart Recommendation
O is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong
1mo agoDRIP availability
Available
1mo agoTax character
Foreign income
1mo agoDistribution history
Multi-decade
1mo agoStructure complexity
Moderate
1mo agoIncome trend
Growing
1mo agoAccount suitability
RRSP / RRIF optimal
1mo agoStructure Overview
Realty Income Corporation (O) is a U.S. net-lease REIT that self-describes as 'The Monthly Dividend Company,' having paid monthly dividends for over 50 years with more than 125 consecutive dividend increases. For Canadian investors, Realty Income distributions are U.S.-source REIT income, which is treated as foreign income (not eligible dividends) and subject to 15% U.S. withholding tax.
Canadian Planning Notes
- 1Realty Income's monthly payment cadence is unusual for a U.S. REIT and useful for filling monthly income gaps; however, Canadian investors face 15% U.S. withholding unless held in an RRSP.
- 2REIT distributions from U.S. REITs are foreign income, not eligible dividends; the tax credit does not apply regardless of account type—plan accordingly.
- 3USD denomination adds CAD/USD exchange rate risk to monthly income; model CAD-equivalent distributions at different exchange rates.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
TFSA
REIT distributions can mix income, capital gains, eligible dividends, and return of capital. Sheltering the holding avoids annual T3 complexity.
RRSP: Also shelters distribution complexity when TFSA room is limited.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Plan-only
RBC Direct Investing
Available
TD Direct Investing
Available
U.S.-listed holdings can have withholding tax differences by account type. RRSP treatment is often more favorable than TFSA treatment.
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.