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)
2019
First Quarter	$	74.14	$	61.60	$	0.6770
Second Quarter	73.94		66.21		0.6785
Third Quarter	77.50		67.70		0.6800
Fourth Quarter	82.17		71.45		0.6815
Total					$	2.7170
2018
First Quarter	$	57.07	$	47.26	$	0.6575
Second Quarter	54.99		48.81		0.6590
Third Quarter	59.18		52.74		0.6605
Fourth Quarter	66.85		55.56		0.6620
Total					$	2.6390

(1) Common stock cash distributions are declared monthly by us based on financial results for the prior months. At December 31, 2019, a distribution of $0.2275 per common share had been declared and was paid in January 2020.

B. There were 9,580 registered holders of record of our common stock as of December 31, 2019. We estimate that our total number of stockholders is approximately 575,000 when we include both registered and beneficial holders of our common stock.

C. During the fourth quarter of 2019, 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:


•	140 shares of stock, at a weighted average price of $77.00, in October 2019;


•	6,560 shares of stock, at a weighted average price of $76.40, in November 2019; and


•	197 shares of stock, at a weighted average price of $76.63, in December 2019.

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