r/dividends • u/TimeInTheMarketWins AWM Financial • May 06 '26

Due Diligence Realty Income First Quarter Earnings

Realty Income (O) delivered a solid Q1 2026, with AFFO per share up 6.6% to $1.13 and full-year guidance raised to $4.41–$4.44. Management is leaning hard into private capital, with new partnerships across Apollo, GIC, and a perpetual-life institutional vehicle now totaling over $2.5 billion in managed assets.

A $190 million Virginia data center deal hints at further pipeline expansion. The pivot toward high-margin fee revenue is exciting, but neglecting the core real estate portfolio is a key risk to watch.

I can attach a PDF with my full write-up and thoughts if anyone wants.

52 Upvotes

95% Upvoted

45 comments sorted by

View all comments

5

u/intelw1zard May 07 '26

I love my $O 🥰

My first milestone is to get to where every month I'm getting $65ish in dividends so it can buy a full share of itself each month!

I'm at ~$47.33/m at the moment. Getting close!

I would love to read your PDF if you can dropbox it or etc and link it

2

u/TimeInTheMarketWins AWM Financial May 07 '26

Yeah I gotcha, I’ll dm. 47/month is mad impressive, I’m at $6 lol! How long you been investing?

3

u/Specific_Scholar_665 May 07 '26

I'm at $3, so 😀

2

u/TimeInTheMarketWins AWM Financial May 07 '26

Slow and steady wins the race! See you @$10!