Net Lease Office Properties Declares Special Cash Distribution of $3.10 Per Share
Rhea-AI Summary
Net Lease Office Properties (NYSE:NLOP) has announced a special cash distribution of $3.10 per common share, amounting to a total distribution of approximately $45.9 million. The distribution will be paid on September 3, 2025, to shareholders of record as of August 18, 2025.
NLOP is a real estate investment trust specializing in high-quality office properties, primarily leased to corporate tenants through single-tenant net lease arrangements. The company's portfolio spans across the United States with one property in Europe.
Positive
- Special cash distribution of $3.10 per share, totaling $45.9 million
- Demonstrates ability to return capital to shareholders
Negative
- None.
News Market Reaction
On the day this news was published, NLOP gained 1.06%, reflecting a mild positive market reaction. This price movement added approximately $5M to the company's valuation, bringing the market cap to $491M at that time.
Data tracked by StockTitan Argus on the day of publication.
For additional information on NLOP — including an investor presentation outlining its strategy and progress to date, its latest quarterly report on Form 10-Q and related filings — please visit the company's website.
Net Lease Office Properties
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust that owns a portfolio of high-quality office properties primarily leased to corporate tenants on a single-tenant net lease basis. Tenants operate across a variety of industries and the vast majority of properties are located in the
Institutional Investors:
1-212-492-1140
institutionalir@nloproperties.com
Individual Investors:
1-844-NLO REIT (656-7348)
ir@nloproperties.com
Press Contact:
Anna McGrath
1-212-492-1166
View original content to download multimedia:https://www.prnewswire.com/news-releases/net-lease-office-properties-declares-special-cash-distribution-of-3-10-per-share-302523681.html
SOURCE Net Lease Office Properties