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GREAT NECK, N.Y. - One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust currently trading at $24.51, has declared a consistent quarterly dividend, continuing a track record that spans over three decades. The company’s Board of Directors announced a dividend of $0.45 per share on the company’s common stock, which is scheduled to be paid on July 9, 2025, to shareholders on record as of June 25, 2025. The dividend represents an attractive 7.3% yield, making it one of the more generous payouts in the REIT sector.
This latest dividend marks the 130th consecutive quarterly payment by One Liberty Properties, showcasing the company’s commitment to providing shareholder value through regular dividends. InvestingPro data reveals the company has maintained dividend payments for 35 consecutive years, reflecting a stable financial strategy and a reliable income stream for its investors. InvestingPro subscribers have access to additional insights about OLP’s dividend sustainability and growth potential.
Founded in 1982 and headquartered in Maryland, One Liberty Properties, with a market capitalization of $527 million, focuses on the acquisition, ownership, and management of a diversified portfolio mainly comprising industrial properties. The company maintains an impressive 80% gross profit margin, benefiting from a business model where tenants typically bear the costs associated with real estate taxes, insurance, and maintenance, under long-term net lease agreements. InvestingPro analysis indicates the company maintains a GOOD financial health score, suggesting strong operational efficiency.
Investors interested in One Liberty Properties’ financial health and operations can access further details through the company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. These documents provide a comprehensive view of the company’s performance and strategic direction. For real-time analysis and deeper insights, investors can access additional financial metrics and expert recommendations through InvestingPro.
The announcement is based on a press release statement from One Liberty Properties.
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