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Office Properties Income Trust Announces Quarterly Dividend on Common Shares

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Office Properties Income Trust (OPI) has announced a regular quarterly cash distribution on its common shares. The distribution amount is set at $0.01 per common share, which equates to $0.04 per share annually. This dividend will be paid to OPI's common shareholders who are on record as of the close of business on October 28, 2024. The distribution is scheduled to be distributed on or about November 14, 2024.

Office Properties Income Trust (OPI) ha annunciato una distribuzione di cassa trimestrale regolare sulle proprie azioni ordinarie. L'importo della distribuzione è fissato a 0,01 $ per azione ordinaria, il che equivale a 0,04 $ per azione su base annuale. Questo dividendo sarà pagato agli azionisti ordinari di OPI che sono registrati alla chiusura degli affari il 28 ottobre 2024. La distribuzione è prevista per il 14 novembre 2024.

Office Properties Income Trust (OPI) ha anunciado una distribución en efectivo trimestral regular para sus acciones ordinarias. El monto de la distribución se establece en 0,01 $ por acción ordinaria, lo que equivale a 0,04 $ por acción anualmente. Este dividendo se pagará a los accionistas ordinarios de OPI que estén registrados al cierre de operaciones del 28 de octubre de 2024. La distribución está programada para realizarse alrededor del 14 de noviembre de 2024.

Office Properties Income Trust (OPI)는 정기적인 분기 현금 배당을 발표했습니다. 배당 금액은 보통주 한 주당 0.01 달러로 설정되었습니다, 이는 연간 주당 0.04 달러에 해당합니다. 이 배당금은 2024년 10월 28일 영업 마감 기준으로 등록된 OPI의 보통주주에게 지급됩니다. 배당금은 2024년 11월 14일경 지급될 예정입니다.

Office Properties Income Trust (OPI) a annoncé une distribution en espèces trimestrielle régulière sur ses actions ordinaires. Le montant de la distribution est fixé à 0,01 $ par action ordinaire, ce qui équivaut à 0,04 $ par action sur une base annuelle. Ce dividende sera versé aux actionnaires ordinaires d'OPI qui sont enregistrés à la clôture des affaires le 28 octobre 2024. La distribution est prévue pour le 14 novembre 2024.

Office Properties Income Trust (OPI) hat eine regelmäßige Quartalsdividende bekanntgegeben, die auf seine Stammaktien gezahlt wird. Der Betrag der Ausschüttung ist auf 0,01 $ pro Stammaktie festgelegt, was 0,04 $ pro Aktie jährlich entspricht. Diese Dividende wird an die Stammaktionäre von OPI ausgezahlt, die zum Geschäftsschluss am 28. Oktober 2024 registriert sind. Die Ausschüttung ist für den 14. November 2024 vorgesehen.

Positive
  • Regular quarterly dividend maintained, indicating ongoing shareholder returns
  • Consistent dividend payout demonstrates company's ability to generate cash flow
Negative
  • Low dividend amount of $0.01 per share quarterly ($0.04 annually) may indicate financial constraints
  • Reduced dividend payout compared to historical levels could suggest cash preservation strategy

NEWTON, Mass.--(BUSINESS WIRE)-- Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of June 30, 2024, approximately 61% of OPI's revenues were from investment grade rated tenants. OPI owned 151 properties as of June 30, 2024, with approximately 20.3 million square feet located in 30 states and Washington, D.C. In 2024, OPI was named as an Energy Star® Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of June 30, 2024, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.

WARNING CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon OPI’s present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond OPI’s control. For example:

In this press release, OPI states that its regular quarterly cash distribution rate is $0.01 per share per quarter or $0.04 per share per year. OPI’s Board of Trustees considers many factors when setting or resetting OPI’s distribution rate, including OPI’s historical and projected income, normalized funds from operations, cash available for distribution, the then current and expected needs and availability of cash to pay OPI’s obligations and fund its investments, distributions which may be required to be paid to maintain OPI’s qualification for taxation as a REIT and other factors deemed relevant by OPI’s Board of Trustees. Accordingly, future distributions to OPI’s shareholders may be increased or decreased and OPI cannot be sure as to the rate at which future distributions will be paid.

You should not place undue reliance upon forward-looking statements.

Except as required by law, OPI does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Kevin Barry, Senior Director, Investor Relations

(617) 219-1410

Source: Office Properties Income Trust

FAQ

What is the dividend amount announced by Office Properties Income Trust (OPI)?

Office Properties Income Trust (OPI) announced a quarterly dividend of $0.01 per common share, which amounts to $0.04 per share annually.

When is the record date for OPI's latest dividend announcement?

The record date for OPI's latest dividend is the close of business on October 28, 2024.

What is the payment date for OPI's recently announced dividend?

The payment date for OPI's recently announced dividend is on or about November 14, 2024.

How frequently does Office Properties Income Trust (OPI) pay dividends?

Based on the announcement, Office Properties Income Trust (OPI) pays dividends on a quarterly basis.

Office Properties Income Trust Common Shares of Beneficial Interest

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75.75M
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REIT - Office
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United States of America
NEWTON