Orion Office REIT Inc. (NYSE:ONL) Plans Quarterly Dividend of $0.10

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Friday, November 8th,Wall Street Journal reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.10 per share on Wednesday, January 15th. This represents a $0.40 annualized dividend and a yield of 9.85%. The ex-dividend date of this dividend is Tuesday, December 31st.

Orion Office REIT Price Performance

ONL stock traded up $0.09 during trading on Friday, hitting $4.06. 217,269 shares of the company’s stock traded hands, compared to its average volume of 398,806. Orion Office REIT has a 52 week low of $3.01 and a 52 week high of $6.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.86 and a current ratio of 0.86. The business has a fifty day simple moving average of $3.98 and a 200 day simple moving average of $3.76. The stock has a market capitalization of $227.15 million, a price-to-earnings ratio of -2.41 and a beta of 0.99.

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.