One Liberty Properties Announces Dividend

Rhea-AI Summary

One Liberty Properties, Inc. (NYSE: OLP) announced a quarterly dividend of $0.45 per share, payable on April 7, 2021, to stockholders of record by March 24, 2021. This marks the 113th consecutive quarterly dividend declared by the company. One Liberty is a self-managed real estate investment trust with a diversified portfolio focused on industrial, retail, restaurant, health and fitness, and theater properties, often under long-term net leases.

Positive

• Quarterly dividend of $0.45 enhances shareholder income.
• 113th consecutive dividend indicates financial stability and consistent performance.

Negative

• None.

GREAT NECK, N.Y., March 12, 2021 (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 April 7, 2021 to stockholders of record on March 24, 2021.   This dividend represents One Liberty’s 113^th consecutive quarterly dividend.

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, retail, restaurant, health and fitness and theater 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 at its website at: http://1liberty.com. Interested parties are encouraged to review One Liberty’s Form 10-K for the year ended December 31, 2019 and its other reports filed thereafter with the Securities and Exchange Commission for additional information.

Contact:
One Liberty Properties
Investor Relations
Phone: (516) 466-3100
www.onelibertyproperties.com

FAQ

What is the dividend amount declared by One Liberty Properties for Q1 2021?

One Liberty Properties declared a dividend of $0.45 per share for Q1 2021.

When is the dividend payable for OLP?

The dividend is payable on April 7, 2021.

What is the record date for the dividend of OLP?

The record date for the dividend is March 24, 2021.

How many consecutive dividends has One Liberty Properties declared?

One Liberty Properties has declared 113 consecutive quarterly dividends.