One Liberty Properties Announces Dividend

Rhea-AI Summary

One Liberty Properties (NYSE: OLP) has announced a quarterly dividend of $0.45 per share, marking its 118th consecutive quarterly dividend. The dividend will be payable on July 6, 2022, to stockholders of record as of June 21, 2022. This self-administered real estate investment trust focuses on acquiring, owning, and managing a diversified portfolio primarily consisting of industrial properties under long-term net leases, where tenants handle maintenance and real estate taxes. For more details, visit 1liberty.com.

Positive

• Quarterly dividend of $0.45 per share enhances shareholder income.
• 118th consecutive dividend payment reflects company stability and confidence.

Negative

• None.

GREAT NECK, N.Y., June 09, 2022 (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 6, 2022 to stockholders of record at the close of business on June 21, 2022. This dividend represents One Liberty’s 118^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 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. For additional information, interested parties are encouraged to review One Liberty’s Form 10-K for the year ended December 31, 2021 and the other reports it filed thereafter with the Securities and Exchange Commission.

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

FAQ

What is the dividend amount for One Liberty Properties in June 2022?

The dividend amount declared by One Liberty Properties is $0.45 per share.

When will the dividend be paid to shareholders of One Liberty Properties?

The dividend will be paid on July 6, 2022.

What is the record date for the dividend payment for One Liberty Properties?

The record date for the dividend payment is June 21, 2022.

How many consecutive dividends has One Liberty Properties paid?

One Liberty Properties has paid 118 consecutive quarterly dividends.