Orion Office REIT Inc. (NYSE:ONL) to Issue Quarterly Dividend of $0.02

Orion Office REIT Inc. (NYSE:ONL) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 30th will be paid a dividend of 0.02 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, September 30th.

Orion Office REIT Stock Performance

Shares of Orion Office REIT stock opened at $2.60 on Friday. The company has a market capitalization of $147.93 million, a PE ratio of -1.02 and a beta of 1.57. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.06 and a current ratio of 3.06. The company has a 50-day simple moving average of $2.77 and a two-hundred day simple moving average of $2.59. 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 released its quarterly earnings results on Thursday, August 6th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.49. Orion Office REIT had a negative net margin of 98.36% and a negative return on equity of 21.88%. The business had revenue of $34.30 million for the quarter, compared to analysts’ expectations of $34.16 million. Orion Office REIT has set its FY 2026 guidance at 0.720-0.770 EPS.

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.