Courtesy of Benzinga.
Realty Income Corporation (NYSE: O), today announced that it intends to redeem all 5,100,000 shares outstanding of the Company’s 7.375% Monthly Income Class D Cumulative Redeemable Preferred stock. The shares will be redeemed at $25 per share (par), plus accrued and unpaid dividends to the planned redemption date of March 1, 2012. The redemption agent will be Wells Fargo Shareowner Services.
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