Realty Income Corp. provided earnings guidance for the year 2013. For the year, the company expected normalized FFO per share for to range from $2.32 to $2.38 per share, an increase of 13.7% to 19.0% over the normalized 2012 FFO per share estimate of $2.00 to $2.04. Normalized FFO per share for 2013 is based on an estimated net income per share range of $1.04 to $1.10, plus estimated real estate depreciation of $1.51 and reduced by potential estimated gains on sales of investment properties of $0.23 per share. AFFO per share for 2013 should range from $2.33 to $2.39 per share, an increase of 10.4% to 16.0% over the 2012 estimated AFFO per share of $2.06 to $2.11. The AFFO per share estimate for 2013 is based on adding back items to FFO, that reduce net income, totaling approximately $0.10, and deducting capitalized expenditures and straight-line rent revenue items totaling approximately $0.08, for a net increase of $0.01 to $0.02 over normalized FFO.

The company announced that it anticipates its Board of Directors will declare an increase in the company's common stock monthly cash dividend to $0.1809167 per share from $0.15175 per share after the transaction closes. The new monthly dividend amount will represent an annualized dividend of $2.171 per share, as compared to the previous annualized dividend of $1.821 per share, or an increase of 19.2%.