Realty Income, Apollo form $1B joint venture

Realty Income's dividend per share will increase by at least 2% within 120 days as a result of accretive cash flows from the Apollo joint venture retail portfolio

The joint venture will generate positive same-store sales growth of at least 3% annually for the retail portfolio within 180 days post-closing, as evidenced by portfolio occupancy rates exceeding 95%

Realty Income's (O) stock will outperform the S&P 500 by at least 5% within 90 days following the announcement of the $1B Apollo joint venture for retail portfolio expansion