Orion Office REIT Inc. (ONL) to Distribute Quarterly Dividend of $0.02 on July 15th

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, June 30th will be given a dividend of 0.02 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, June 30th.

Orion Office REIT Price Performance

Shares of ONL stock opened at $2.92 on Friday. The stock’s fifty day simple moving average is $2.82 and its 200 day simple moving average is $2.47. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.06 and a quick ratio of 3.06. The firm has a market cap of $165.94 million, a price-to-earnings ratio of -1.14 and a beta of 1.57. Orion Office REIT has a one year low of $1.89 and a one year high of $3.05.

Orion Office REIT (NYSE:ONL) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.12). The company had revenue of $36.27 million during the quarter, compared to the consensus estimate of $34.41 million. Orion Office REIT had a negative net margin of 98.36% and a negative return on equity of 21.88%. Orion Office REIT has set its FY 2026 guidance at 0.690-0.76 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ONL. Gabelli Funds LLC bought a new stake in Orion Office REIT during the 2nd quarter worth about $26,000. Evoke Wealth LLC bought a new position in shares of Orion Office REIT in the fourth quarter worth about $30,000. AXQ Capital LP acquired a new position in shares of Orion Office REIT during the fourth quarter worth approximately $30,000. Hudson Bay Capital Management LP bought a new stake in shares of Orion Office REIT during the second quarter valued at approximately $30,000. Finally, SmartHarvest Portfolios LLC bought a new stake in shares of Orion Office REIT during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 79.95% of the company’s stock.

About Orion Office REIT

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.