Office Properties Income Trust to Issue Quarterly Dividend of $0.40 (NASDAQ:OPINL)

Office Properties Income Trust (NASDAQ:OPINL) declared a quarterly dividend on Tuesday, August 6th, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.3984 per share on Sunday, September 1st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 14.35%. The ex-dividend date is Thursday, August 15th.

Office Properties Income Trust Stock Up 1.0 %

Shares of NASDAQ OPINL opened at $11.11 on Wednesday. The business’s 50 day moving average is $10.43 and its two-hundred day moving average is $10.73. Office Properties Income Trust has a 12 month low of $9.62 and a 12 month high of $15.01.

About Office Properties Income Trust

opi is a reit focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities. opi is managed by the operating subsidiary of the rmr group inc. (nasdaq: rmr), an alternative asset management company that is headquartered in newton, massachusetts.