Third-quarter earnings were announced today by Realty Income (NYSE:O), an equity real estate investment trust. While the stock is down slightly due to normalized funds from operations per share coming in a penny shy of estimates, quarterly performance was fine overall, with revenue climbing 13%.
September marked the company's 60th consecutive quarterly dividend increase, with a total of 68 increases since its 1994 IPO. Through September 2012, Realty Income had paid out a staggering 506 consecutive monthly dividends, truly delivering on its claim-to-fame name. For the full story on "The Monthly Dividend Company," be sure to check out the video below.
Fool contributor Matt Koppenheffer has no positions in the stocks mentioned above. The Motley Fool owns shares of Annaly Capital Management. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.