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 given 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 is Monday, September 30th.
Orion Office REIT Trading Down 1.7 %
Shares of ONL opened at $4.06 on Friday. Orion Office REIT has a 12-month low of $3.01 and a 12-month high of $6.22. The firm has a 50-day moving average price of $3.98 and a 200 day moving average price of $3.65. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.86 and a quick ratio of 0.86.
Wall Street Analysts Forecast Growth
Separately, JMP Securities restated 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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