Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
A. Our common stock is traded on the NYSE under the ticker symbol “O.” The following table shows the high and low sales prices per share for our common stock as reported by the NYSE, and distributions declared per share of common stock for the periods indicated.
| Price Per Share | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| of Common Stock | Distributions | ||||||||||
| High | Low | Declared (1) | |||||||||
| 2016 | |||||||||||
| First Quarter | $ | 62.89 | $ | 50.47 | $ | 0.5960000 | |||||
| Second Quarter | 69.36 | 58.30 | 0.5975000 | ||||||||
| Third Quarter | 72.30 | 63.33 | 0.6030000 | ||||||||
| Fourth Quarter | 66.75 | 52.72 | 0.6065000 | ||||||||
| Total | $ | 2.4030000 | |||||||||
| 2015 | |||||||||||
| First Quarter | $ | 55.54 | $ | 47.95 | $ | 0.5675000 | |||||
| Second Quarter | 52.66 | 44.23 | 0.5690000 | ||||||||
| Third Quarter | 48.88 | 43.15 | 0.5705000 | ||||||||
| Fourth Quarter | 52.41 | 45.65 | 0.5720000 | ||||||||
| Total | $ | 2.2790000 |
(1) Common stock cash distributions are declared monthly by us based on financial results for the prior months. At December 31, 2016, a distribution of $0.2025 per common share had been declared and was paid in January 2017.
B. There were 9,896 registered holders of record of our common stock as of December 31, 2016. We estimate that our total number of stockholders is over 421,000 when we include both registered and beneficial holders of our common stock.
C. During the fourth quarter of 2016, the following shares of stock were withheld for state and federal payroll taxes on the vesting of employee stock awards, as permitted under the 2012 Incentive Award Plan of Realty Income Corporation:
· 17 shares of stock, at a weighted average price of $66.93, in October 2016;
· 69 shares of stock, at a weighted average price of $57.74, in November 2016; and
· 16,922 shares of stock, at a weighted average price of $57.45, in December 2016.
-31-
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