Orion Office REIT Inc. (ONL) To Go Ex-Dividend on June 28th

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.10 per share on Monday, July 15th. This represents a $0.40 annualized dividend and a dividend yield of 12.05%. The ex-dividend date of this dividend is Friday, June 28th.

Orion Office REIT Stock Performance

Shares of ONL traded down $0.01 during midday trading on Wednesday, hitting $3.32. The stock had a trading volume of 169,038 shares, compared to its average volume of 466,309. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.05 and a current ratio of 1.05. The business has a 50-day simple moving average of $3.46 and a two-hundred day simple moving average of $4.18. Orion Office REIT has a fifty-two week low of $3.01 and a fifty-two week high of $7.07.

Wall Street Analyst Weigh In

Separately, JMP Securities restated a “market perform” rating on shares of Orion Office REIT in a report on Tuesday, June 11th.

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.