Net Lease Office Properties (NYSE:NLOP) Plans Special Dividend of $1.50

Net Lease Office Properties (NYSE:NLOP) announced a special dividend on Wednesday, November 4th. Investors of record on Monday, November 16th will be given a dividend of $1.50 per share on Tuesday, December 1st. The ex-dividend date of this dividend is Monday, November 16th.

Net Lease Office Properties Stock Performance

NYSE NLOP opened at $8.99 on Thursday. The company has a market capitalization of $133.20 million, a PE ratio of 2.56 and a beta of 0.70. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.37 and a current ratio of 2.37. Net Lease Office Properties has a 52-week low of $8.80 and a 52-week high of $30.26. The company has a 50-day simple moving average of $10.14 and a 200 day simple moving average of $12.50.

About Net Lease Office Properties

Net Lease Office Properties (NYSE: NLOP) is a real estate investment trust that owns and manages a portfolio of office properties. The company’s properties are generally leased to commercial tenants under net lease arrangements, in which tenants typically assume responsibility for many property-related expenses, including taxes, insurance and maintenance.

NLOP’s portfolio is focused primarily on office buildings in the United States and Europe. Its activities include leasing and managing properties, overseeing tenant relationships and pursuing strategies to enhance the performance of its real estate investments.