One Liberty Properties, Inc. (NYSE:OLP – Get Free Report) announced a quarterly dividend on Wednesday, September 16th. Shareholders of record on Monday, September 28th will be paid a dividend of 0.45 per share by the real estate investment trust on Tuesday, October 6th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Monday, September 28th.
One Liberty Properties has a 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. Analysts expect One Liberty Properties to earn $1.79 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 100.6%.
One Liberty Properties Price Performance
Shares of OLP opened at $22.96 on Thursday. The firm has a market cap of $502.93 million, a price-to-earnings ratio of 14.44 and a beta of 0.86. The stock has a 50 day moving average of $24.26 and a 200-day moving average of $23.68. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 1.73. One Liberty Properties has a 52 week low of $19.62 and a 52 week high of $25.88.
About One Liberty Properties
One Liberty Properties, Inc is a self-administered and self-managed real estate investment trust (REIT) that owns and manages a diversified portfolio of commercial properties in the United States. The company primarily invests in properties subject to long-term, net leases, under which tenants generally assume responsibility for property taxes, insurance and maintenance expenses.
Its portfolio has historically included industrial, retail, office, health and fitness, and other commercial properties.
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