One Liberty Properties, Inc. (OLP) To Go Ex-Dividend on March 27th

One Liberty Properties, Inc. (NYSE:OLP) declared a quarterly dividend on Thursday, March 5th. Shareholders of record on Friday, March 27th will be given a dividend of 0.45 per share by the real estate investment trust on Monday, April 6th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Friday, March 27th.

One Liberty Properties has a dividend payout ratio of 339.6% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect One Liberty Properties to earn $1.71 per share next year, which means the company may not be able to cover its $1.80 annual dividend with an expected future payout ratio of 105.3%.

One Liberty Properties Stock Down 0.2%

One Liberty Properties stock opened at $23.67 on Friday. One Liberty Properties has a 1-year low of $19.62 and a 1-year high of $28.35. The firm has a market capitalization of $512.46 million, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 2.81 and a beta of 0.95. The firm’s fifty day moving average price is $21.96 and its two-hundred day moving average price is $21.62. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.50.

One Liberty Properties Company Profile

One Liberty Properties, Inc is a self-administered real estate investment trust (REIT) specializing in the acquisition, ownership and management of net leased commercial properties. The company focuses on single-tenant retail, office and industrial assets that are subject to long-term, triple-net leases, shifting operating responsibilities—such as maintenance, insurance and taxes—to the tenant. One Liberty’s strategy emphasizes creditworthy tenants, lease durations that provide predictable cash flow and geographically diversified holdings.

Since its founding in 1988 and incorporation as a REIT in 1993, One Liberty has assembled a portfolio of more than 130 properties spanning retail convenience centers, quick-service restaurants, automotive service stations, office buildings and light industrial facilities.