DRIP

O dividend calculator

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.

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

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 you reinvest the dividends, add nothing further, pay no tax, and that O's historical rates above hold steady. That's a hypothetical illustration, not a forecast. Change 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.

Related calculators

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 over the last 12 months against a $63 share price. That figure moves daily as the price changes.
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?
About $518 a year at the current rate, or roughly $43 a 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 runs month by month. Each month the share price moves at the annual growth rate you set, any contribution buys shares at that month's price, and dividends land on the fund's real schedule, whether that's monthly, quarterly, or weekly. With DRIP on, each dividend buys more shares the day it's paid. With DRIP off, it piles up as cash that earns nothing, which is the cleanest way to see what reinvestment alone is worth.

Dividends per share step up once a year at the growth rate, the way companies actually raise them. Weekly payers are modeled as monthly, since the difference is too small to matter. Taxes apply to dividends at the moment they're paid and nothing else: price gains count as unrealized, so no capital-gains tax is modeled. Setting the rate to 0% approximates an IRA or 401(k).

The starting yield, growth, and schedule come from the ticker's verified data, with the sources and date shown on the page. Those rates then hold flat for the whole projection. Real markets won't cooperate, and that's the point: this is an illustration, not a forecast. Fund fees are already baked into the historical figures, and the model adds no costs on top.