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Realty Income ups monthly dividend

Realty Income Corp.'s monthly cash per-share dividend was increased to 21.25 cents from 21.2 cents.

The new monthly dividend, the company's 94th dividend increase since its 1994 NYSE listing, will be paid Jan. 12, 2018, to shareholders on record as of Jan. 2, 2018.

On an annualized basis, the dividend amounts to $2.55 per share, up from the current annualized dividend amount of $2.544 per share.