One Liberty Properties, Inc. (NYSE:OLP – Get Free Report) announced a quarterly dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.45 per share by the real estate investment trust on Monday, January 6th. This represents a $1.80 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date is Monday, December 23rd.
One Liberty Properties has a payout ratio of 333.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
One Liberty Properties Trading Down 1.3 %
Shares of OLP traded down $0.38 during mid-day trading on Friday, reaching $28.87. 87,099 shares of the company’s stock traded hands, compared to its average volume of 51,811. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.48 and a quick ratio of 2.48. The stock’s 50-day moving average is $28.22 and its two-hundred day moving average is $26.36. One Liberty Properties has a 12 month low of $19.25 and a 12 month high of $30.45. The stock has a market cap of $617.53 million, a P/E ratio of 17.82, a P/E/G ratio of 3.47 and a beta of 1.39.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of One Liberty Properties from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.
View Our Latest Stock Analysis on OLP
One Liberty Properties Company Profile
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for the property’s real estate taxes, insurance and ordinary maintenance and repairs.
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