Realty Income (O) Dividend Coverage Ratio (2009 - 2026)
Realty Income's Dividend Coverage Ratio came in at 0.53 for Q3 2026, up 22.8% from 0.43 a year earlier and up 15.6% from the prior quarter.
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Analysis
Realty Income (O) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Realty Income reported Dividend Coverage Ratio of 0.45, up 33.6% year-over-year; for FY2025, it came in at 0.36, up 15.1% from FY2024.
- Going back by year, Dividend Coverage Ratio was 0.32 in FY2024 (-23.7%), 0.41 in FY2023 (-13.8%), 0.48 in FY2022 (+55.9%) and 0.31 in FY2021 (-25.0%).
- The Q3 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q1 2020.
- Year-over-year, Dividend Coverage Ratio has increased for five consecutive quarters, with growth averaging 21.9% over the last eight quarters.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q1 2025 (growth of 72.2%), and the weakest in Q4 2021 (a decline of 97.7%).
- Business Quant data shows O's Dividend Coverage Ratio at 0.45 (Q2 2026), 0.41 (Q1 2026) and 0.40 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | - |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 9.20 |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 0.53 |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 0.24 |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 0.73 |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 0.68 |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 0.43 |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.53 |
| Jun 30, 2026 | 0.45 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.35 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.01 |
API Access
Realty Income Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "O", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();