Office Properties Income Trust (NASDAQ:OPINL) Announces $0.40 Quarterly Dividend

Office Properties Income Trust (NASDAQ:OPINL) declared a quarterly dividend on Sunday, November 10th,Wall Street Journal reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.3984 per share on Sunday, December 1st. This represents a $1.59 annualized dividend and a yield of 14.08%. The ex-dividend date is Friday, November 15th.

Office Properties Income Trust Price Performance

OPINL opened at $11.32 on Tuesday. Office Properties Income Trust has a 12-month low of $9.62 and a 12-month high of $15.01. The business’s fifty day simple moving average is $13.61 and its 200-day simple moving average is $11.77.

About Office Properties Income Trust

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.