Orion Office REIT Inc. (NYSE:ONL) to Issue Quarterly Dividend of $0.10

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be paid a dividend of 0.10 per share on Wednesday, January 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.67%. The ex-dividend date of this dividend is Tuesday, December 31st.

Orion Office REIT Price Performance

Shares of NYSE ONL opened at $3.75 on Friday. The firm’s 50-day simple moving average is $3.96 and its 200 day simple moving average is $3.88. The stock has a market cap of $209.81 million, a P/E ratio of -2.44 and a beta of 1.06. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.60. Orion Office REIT has a fifty-two week low of $3.01 and a fifty-two week high of $5.91.

Orion Office REIT Company Profile

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.