One Liberty Properties Announces 126th Consecutive Quarterly Dividend

Rhea-AI Summary

One Liberty Properties (NYSE: OLP) announced on June 10, 2024, that its Board of Directors has declared a quarterly dividend of $0.45 per share. This dividend will be payable on July 9, 2024, to stockholders of record as of June 25, 2024. This marks the company's 126th consecutive quarterly dividend. Notably, One Liberty has either increased or maintained its dividend for over 30 consecutive years, showcasing its consistent performance and commitment to returning value to shareholders.

Positive

• Declared a quarterly dividend of $0.45 per share.
• 126th consecutive quarterly dividend.
• Over 30 years of increasing or maintaining dividends, demonstrating financial stability.

Negative

• No mention of revenue or earnings data in the PR.
• Lack of information on future financial guidance or business growth outlook.

– Increased or Maintained Dividend for Over 30 Consecutive Years –

GREAT NECK, N.Y., June 10, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable on July 9, 2024 to stockholders of record at the close of business on June 25, 2024, and represents One Liberty’s 126^th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years.

About One Liberty Properties, Inc:

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 properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for real estate taxes, insurance and ordinary maintenance and repairs. Additional financial and descriptive information on One Liberty, its operations and its portfolio, is available on its website at: http://1liberty.com. Interested parties are encouraged to review One Liberty’s Annual Report on Form 10-K and the other reports it files with the Securities and Exchange Commission for additional information.

Contact:
One Liberty Properties
Investor Relations
Phone: (516) 466-3100
http://1liberty.com

FAQ

What dividend did One Liberty Properties declare on June 10, 2024?

One Liberty Properties declared a quarterly dividend of $0.45 per share.

When is the dividend payout date for One Liberty Properties' latest dividend?

The dividend payout date is July 9, 2024.

What is the record date for One Liberty Properties' latest dividend?

The record date is June 25, 2024.

How many consecutive quarterly dividends has One Liberty Properties paid?

One Liberty Properties has paid 126 consecutive quarterly dividends.

How long has One Liberty Properties maintained or increased its dividend?

One Liberty Properties has maintained or increased its dividend for over 30 years.