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

Office Properties Income Trust (NASDAQ:OPINL) declared a quarterly dividend on Tuesday, February 11th,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 12.98%. The ex-dividend date of this dividend is Friday, February 14th.

Office Properties Income Trust Stock Performance

NASDAQ:OPINL opened at $12.28 on Wednesday. The firm has a 50-day simple moving average of $12.16 and a 200-day simple moving average of $12.50. Office Properties Income Trust has a one year low of $9.62 and a one year high of $14.90.

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.