Realty Income (NYSE:O) collects 82.0% of contractual rent due for May across its total portfolio.
Realty Income rises 1.7% in premarket trading.
For April, its collections total 84.2% of contractual rent due.
Continues rent deferral discussions with tenants that account for a majority of unpaid contractual rent for the months of April and May.
For May, Realty Income collected 82.1% of contractual rent due from its top 20 tenants and 98.2% of rent due from its investment-grade tenants.