Office Properties Income Trust (OPINL) to Issue Quarterly Dividend of $0.40 on June 1st

Office Properties Income Trust (NASDAQ:OPINL) announced a quarterly dividend on Tuesday, May 6th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.3984 per share on Sunday, June 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 19.92%. The ex-dividend date is Thursday, May 15th. This is a 0.0% increase from Office Properties Income Trust’s previous quarterly dividend of $0.40.

Office Properties Income Trust Price Performance

Shares of OPINL stock opened at $8.00 on Thursday. The stock’s 50 day simple moving average is $8.45 and its 200 day simple moving average is $10.77. Office Properties Income Trust has a twelve month low of $7.22 and a twelve month high of $14.90.

Office Properties Income Trust Company Profile

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.