Orion Office REIT Inc. (ONL) to Issue Quarterly Dividend of $0.10 on January 15th

Orion Office REIT Inc. (NYSE:ONL) announced a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 10.67%. The ex-dividend date of this dividend is Tuesday, December 31st.

Orion Office REIT Stock Performance

Shares of ONL opened at $3.75 on Friday. The firm has a fifty day moving average of $3.96 and a 200-day moving average of $3.88. The company has a market cap of $209.81 million, a price-to-earnings ratio of -2.44 and a beta of 1.06. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 0.75. Orion Office REIT has a 1 year low of $3.01 and a 1 year high of $5.91.

About Orion Office REIT

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.