Orion Office REIT Inc. (NYSE:ONL – Get Free Report) announced a quarterly dividend on Thursday, August 8th, Zacks reports. Stockholders of record on Monday, September 30th will be paid a dividend of 0.10 per share on Tuesday, October 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date of this dividend is Monday, September 30th.
Orion Office REIT Price Performance
Shares of NYSE:ONL opened at $4.06 on Friday. The company has a 50-day simple moving average of $3.98 and a 200-day simple moving average of $3.65. Orion Office REIT has a one year low of $3.01 and a one year high of $6.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $227.16 million, a price-to-earnings ratio of -3.05 and a beta of 0.99.
Analyst Ratings Changes
Separately, JMP Securities reissued a “market perform” rating on shares of Orion Office REIT in a report on Tuesday, June 11th.
About Orion Office REIT
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.
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