Item 5. Market for Registrant’s Common Equity
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
High Low Distributions Declared (1)
2021
First Quarter $ 64.60 $ 57.00 $ 0.7040
Second Quarter 71.84 63.64 0.7055
Third Quarter 72.75 64.86 0.7070
Fourth Quarter 74.60 64.98 0.7285
Total $ 2.8450
2020
First Quarter $ 84.92 $ 38.00 $ 0.6980
Second Quarter 65.56 43.41 0.6995
Third Quarter 66.80 56.33 0.7010
Fourth Quarter 65.09 57.09 0.7025
Total $ 2.8010
(1) Common stock cash distributions are declared monthly by us based on financial results for the prior months. At December 31, 2021, a distribution of $0.2465 per common share had been declared and was paid in January 2022.
B. There were approximately 12,400 registered holders of record of our common stock as of December 31, 2021. We estimate that our total number of stockholders is approximately 1,162,000 when we include both registered and beneficial holders of our common stock.
C. During the three months ended December 31, 2021, 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 and 2021 Incentive Award Plans of Realty Income Corporation:
• 9,502 shares of stock, at a weighted average price of $69.62, in October 2021;
• 429 shares of stock, at a weighted average price of $70.89, in November 2021; and
• 1,228 shares of stock, at a weighted average price of $71.35, in December 2021.
Item 6: Reserved
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