Realty Income Corporation announced that its Board of Directors has declared the common stock monthly dividend. The dividend amount of $0.1812292 per share, representing an annualized amount of approximately $2.175 per share, is payable on June 17, 2013 to shareholders of record as of June 3, 2013. The Board of Directors also declared dividends on the company's Monthly Income Class E and Class F preferred stock. The monthly dividend amount of $0.140625 on the Class E preferred stock is payable on June 17, 2013 to shareholders of record as of June 1, 2013. The annualized dividend amount for the Class E preferred shares is $1.6875. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on June 17, 2013 to shareholders of record as of June 1, 2013. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.

Realty Income Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s total revenue for the quarter ended March 31, 2013, increased 52.9% to $171,695,000 as compared to $112,305,000 for the same quarter in 2012. Income from continuing operations was $32,333,000 against $37,047,000 a year ago. Net income attributable to the company was $71,804,000 against $39,263,000 a year ago. Net income available to common stockholders was $61,322,000 against $26,071,000 a year ago. Net income per basic and diluted share, for the quarter ended March 31, 2013, was $0.36 as compared to $0.20 for the same quarter in 2012. Funds from operations (FFO), for the quarter ended March 31, 2013, increased 53.0% to $92,887,000 as compared to $60,695,000 for the same quarter in 2012. FFO per basic and diluted share, for the quarter ended March 31, 2013, increased 17.4% to $0.54 as compared to $0.46 for the same quarter in 2012. Normalized funds from operations, which is based on FFO adjusted to add back ARCT merger-related costs, for the quarter ended March 31, 2013, increased 72.8% to $104,917,000 as compared to $60,695,000 for the same quarter in 2012. Normalized FFO per basic and diluted share, for the quarter ended March 31, 2013, increased 32.6% to $0.61 as compared to $0.46 for the same quarter in 2012. Adjusted funds from operations (AFFO), for the quarter ended March 31, 2013, increased 56.9% to $103,956,000 as compared to $66,294,000 for the same quarter in 2012. AFFO per diluted share, for the quarter ended March 31, 2013, increased 20.0% to $0.60 as compared to $0.50 for the same quarter in 2012. This increase in revenue reflects some positive same-store rent of 1.5% in the portfolio, but more significantly it obviously reflects growth from new acquisitions over the past year. Property expenses were just $3.8 million for the quarter, these expenses historically have been primarily carry cost associated with properties available for lease. The company provided earnings guidance for the year 2013. For the year, the company expects normalized FFO is based on FFO adjusted to add back ARCT merger-related costs. Normalized FFO per share for 2013 should range from $2.32 to $2.38 per share, an increase of 14.9% to 17.8% over the Normalized 2012 FFO per share of $2.02. Normalized FFO per share for 2013 is based on an expected net income per share range of $0.95 to $1.01, plus expected real estate depreciation of $1.60 and reduced by potential estimated gains on sales of investment properties of $0.23 per share (in accordance with NAREIT's definition of FFO). AFFO per share for 2013 should range from $2.33 to $2.39 per share, an increase of 13.1% to 16.0% over the 2012 AFFO per share of $2.06. The AFFO per share expects for 2013 is based on adding back items to FFO, that reduce net income, totaling approximately $0.12, and deducting capitalized expenditures and straight-line rent revenue items totaling approximately $0.10, for a net increase of $0.01 to $0.02 over normalized FFO. 2013 property expense estimate is higher at about $15 million.

Realty Income Corp. announced that its Board of Directors has declared common stock monthly dividend. The dividend amount of $0.1812292 per share, representing an annualized amount of approximately $2.175 per share, is payable on May 15, 2013 to shareholders of record as of May 1, 2013. The Board of Directors also declared dividends on the company's Monthly Income Class E and Class F preferred stock. The monthly dividend amount of $0.140625 on the Class E preferred stock is payable on May 15, 2013 to shareholders of record as of May 1, 2013. The annualized dividend amount for the Class E preferred shares is $1.6875. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on May 15, 2013 to shareholders of record as of May 1, 2013. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.