Orion Office REIT Inc. (NYSE:ONL) Plans Quarterly Dividend of $0.10

Orion Office REIT Inc. (NYSE:ONLGet 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.

Get Our Latest Stock Report on ONL

About Orion Office REIT

(Get Free Report)

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.

Featured Stories

Dividend History for Orion Office REIT (NYSE:ONL)

Receive News & Ratings for Orion Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Office REIT and related companies with MarketBeat.com's FREE daily email newsletter.