Office Properties Income Trust to Issue Quarterly Dividend of $0.40 (NASDAQ:OPINL)

Office Properties Income Trust (NASDAQ:OPINL) declared a quarterly dividend on Tuesday, February 4th,NASDAQ Dividends reports. Stockholders of record on Saturday, February 15th will be given a dividend of 0.3984 per share on Saturday, March 1st. This represents a $1.59 annualized dividend and a dividend yield of 12.49%. The ex-dividend date of this dividend is Friday, February 14th.

Office Properties Income Trust Stock Up 3.9 %

Shares of NASDAQ OPINL traded up $0.48 during trading on Tuesday, hitting $12.76. The company had a trading volume of 3,315 shares, compared to its average volume of 6,769. The stock has a 50 day simple moving average of $12.12 and a 200 day simple moving average of $12.41. Office Properties Income Trust has a 12 month low of $9.62 and a 12 month high of $14.90.

Office Properties Income Trust Company Profile

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.