Orion Office REIT Inc. (NYSE:ONL) Announces $0.02 Quarterly Dividend

Orion Office REIT Inc. (NYSE:ONL) announced a quarterly dividend on Wednesday, March 5th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.02 per share on Tuesday, April 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Monday, March 31st.

Orion Office REIT Stock Performance

Shares of Orion Office REIT stock opened at $2.72 on Friday. The stock has a market cap of $151.90 million, a price-to-earnings ratio of -1.76 and a beta of 1.07. The firm’s 50-day moving average is $3.97 and its 200 day moving average is $3.97. Orion Office REIT has a 1 year low of $2.56 and a 1 year high of $4.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75.

Orion Office REIT (NYSE:ONL) last announced its quarterly earnings results on Wednesday, March 5th. The company reported $0.18 earnings per share (EPS) for the quarter. Orion Office REIT had a negative net margin of 50.76% and a negative return on equity of 10.28%. The company had revenue of $38.36 million for the quarter.

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.