DRIP

O dividend calculator

O5.18% yield$62.72/shareMonthly

159.4 shares at $62.72

Adjust assumptions (advanced)

Defaults come from O's verified data shown above.

Value after 10 years
$16,016
Without DRIP: $14,432
Contributed
$10,000
Dividends
$7,533
Income/mo, yr 10
$87
With DRIPWithout DRIPContributions
$0$10K$20KNowYear 5Year 10

Reinvesting adds $1,584 (11.0%) over taking dividends as cash.

Year-by-year breakdown
YearPortfolio valueDividendsMonthly incomeCumulative dividendsYield on cost
1$10,408$531$44$5315.3%
2$10,848$568$47$1,0995.7%
3$11,324$609$51$1,7086.1%
4$11,839$655$55$2,3636.5%
5$12,397$704$59$3,0677.0%
6$13,004$759$63$3,8267.6%
7$13,663$819$68$4,6468.2%
8$14,380$886$74$5,5328.9%
9$15,162$960$80$6,4919.6%
10$16,016$1,042$87$7,53310.4%

Educational purposes only. This calculator is for educational purposes only and does not constitute financial or investment advice. Past performance does not guarantee future results. Projections are hypothetical illustrations based on historical data and simplified assumptions — actual results will differ. Consult a qualified financial advisor before investing.

Data as of , verified against: stockanalysis.com, digrin.com. Official fund/IR page: O. Prices and yields change daily — figures here are for modeling, not trading.

O at a glance

Realty Income Corporation. Realty Income — 'The Monthly Dividend Company' — is a net-lease REIT that has paid monthly dividends for over 55 years and raised them for 30+ consecutive years, making it an S&P 500 Dividend Aristocrat.

Dividend yield (TTM)
5.18%
$3.25/share over 12 mo
Share price
$62.72
as of Jun 12, 2026
Payment schedule
Monthly
Dividend growth
+1.6%
past year
Price trend
−1.2%
per year, 5-yr

O DRIP projections at standard amounts

Starting investmentValue after 10 yearsTotal dividendsMonthly income, year 10
$1,000$1,602$754$9
$10,000$16,019$7,536$87
$50,000$80,094$37,682$434
$100,000$160,189$75,364$868

Assumes dividends reinvested, no additional contributions, no taxes, and O's historical rates shown above held constant — a hypothetical illustration, not a forecast. Adjust any assumption in the calculator.

Recent dividend history

Ex-dividend dateDividend / share
May 29, 2026$0.2705
Apr 30, 2026$0.2705
Mar 31, 2026$0.2705
Feb 27, 2026$0.2700
Jan 30, 2026$0.2700
Dec 31, 2025$0.2700

Realty Income raises its monthly dividend in small steps several times a year; recent annual growth has run in the 1.5–4% range. The negative 5-year price trend reflects the broad REIT derating since 2021, not a dividend problem — the payout has continued rising throughout.

Tax treatment of O dividends

REIT distributions are mostly non-qualified (ordinary income); a portion may be return of capital. Many investors hold REITs in tax-advantaged accounts.

More detail: qualified vs. ordinary dividends. Set the matching tax rate in the calculator to see after-tax results.

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O dividend questions

What is O's dividend yield?
As of June 12, 2026, O's trailing-twelve-month dividend yield is 5.18% — $3.25 per share paid over the last 12 months against a $63 share price. Yields change daily as the price moves.
How often does O pay dividends?
O pays monthly. The most recent dividend was $0.2705 per share (ex-date May 29, 2026).
How much income does $10,000 of O generate?
At the current rate, about $518 per year (≈ $43 per month) before taxes.
How many shares of O do I need for $1,000 a month?
At O's current yield (5.18%), about 3,693 shares — roughly $231,582 invested — would generate $1,000 per month before taxes. The dividend and share price both change over time, so treat it as a current snapshot rather than a fixed requirement. Use the income-target calculator above to try other amounts.
How much will $10,000 in O be worth in 10 years with dividends reinvested?
Holding O's current figures constant (5.18% dividend yield, +1.6%/yr dividend growth, −1.2%/yr price trend), $10,000 with dividends reinvested projects to roughly $16,019. That is a hypothetical illustration from past data — not a forecast or advice. Use the calculator to test other assumptions.
Are O's dividends qualified dividends?
REIT distributions are mostly non-qualified (ordinary income); a portion may be return of capital. Many investors hold REITs in tax-advantaged accounts.
How this calculator works (assumptions & method)
  • The simulation steps month by month. Share price compounds at the annual price-growth rate; monthly contributions buy shares at that month's price; dividends arrive on the fund's real payment schedule (monthly, quarterly, etc.) and — with DRIP on — buy more shares the day they're paid.
  • Dividend per share steps up once per year at the dividend-growth rate, matching how companies actually raise dividends. Weekly payers are modeled as monthly; the compounding difference is negligible.
  • The tax rate applies to dividends only, at payment time. Price gains are treated as unrealized (no capital-gains tax is modeled). 0% approximates a tax-advantaged account like an IRA or 401(k).
  • With DRIP off, dividends accumulate as uninvested cash earning nothing — the cleanest way to isolate what reinvestment itself contributes.
  • Default yield, growth, and schedule come from the ticker's verified data (sources and date shown on the page). Historical rates are held constant for the whole horizon — real markets won't do that, which is why this is an illustration, not a forecast. Fund fees are already reflected in historical figures; the model adds no other costs.