Office Properties Income Trust (NASDAQ:OPINL – Get Free Report) traded up 1.6% during mid-day trading on Monday . The company traded as high as $12.25 and last traded at $12.25. 6,726 shares changed hands during trading, a decline of 76% from the average session volume of 28,229 shares. The stock had previously closed at $12.06.
Office Properties Income Trust Stock Performance
The firm’s fifty day moving average is $12.32 and its 200 day moving average is $12.02.
Office Properties Income Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 15th were given a dividend of $0.3984 per share. This represents a $1.59 annualized dividend and a yield of 13.47%. The ex-dividend date was Friday, November 15th.
About Office Properties Income Trust
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.
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