Realty Income to redeem all 6.9M shares of 6% Series A Preferred on Sept 30 at $25.375

REALTY INCOME CORP

Realty Income will redeem all 6.9M shares of 6.000% Series A Cumulative Redeemable Preferred Stock (O PR) on Sept 30, 2024.
Redemption price: $25.00 per share plus accrued dividends of ~$0.375/share, totaling ~$25.375/share.
Final dividend record date is Sept 13, 2024; dividend payable on the redemption date Sept 30, 2024.
The redemption eliminates the Series A Preferred Stock's dividend obligation and reduces outstanding shares.

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