One Liberty Properties Announces 127th Consecutive Quarterly Dividend

Rhea-AI Summary

One Liberty Properties (NYSE: OLP) has declared its 127th consecutive quarterly dividend of $0.45 per share on its common stock. The dividend is payable on October 2, 2024, to stockholders of record as of September 24, 2024. This announcement marks a significant milestone for the company, as it has increased or maintained its dividend for over 30 consecutive years. One Liberty's consistent dividend policy demonstrates its commitment to providing steady returns to shareholders and reflects the company's financial stability in the real estate investment sector.

Positive

• Declared 127th consecutive quarterly dividend, showcasing consistent shareholder returns
• Maintained dividend at $0.45 per share
• 30+ year track record of increasing or maintaining dividends, indicating long-term financial stability

Negative

• None.

News Market Reaction

-0.56%

1 alert

-0.56% News Effect

On the day this news was published, OLP declined 0.56%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

– Increased or Maintained Dividend for Over 30 Consecutive Years –

GREAT NECK, N.Y., Sept. 11, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable on October 2, 2024 to stockholders of record at the close of business on September 24, 2024, and represents One Liberty’s 127^th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years.

About One Liberty Properties, Inc:

One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for real estate taxes, insurance and ordinary maintenance and repairs. Additional financial and descriptive information on One Liberty, its operations and its portfolio, is available on its website at: http://1liberty.com. Interested parties are encouraged to review One Liberty’s Annual Report on Form 10-K and the other reports it files with the Securities and Exchange Commission for additional information.

Contact:
One Liberty Properties
Investor Relations
Phone: (516) 466-3100
http://1liberty.com

FAQ

What is the amount of One Liberty Properties' latest quarterly dividend?

One Liberty Properties (OLP) declared a quarterly dividend of $0.45 per share on its common stock.

When is the ex-dividend date for One Liberty Properties' latest dividend?

The ex-dividend date is not specified in the press release. However, stockholders of record at the close of business on September 24, 2024, will be eligible for the dividend.

How long has One Liberty Properties (OLP) been paying consecutive quarterly dividends?

One Liberty Properties has paid 127 consecutive quarterly dividends, which represents over 31 years of consistent dividend payments.

Has One Liberty Properties (OLP) increased its dividend in 2024?

The press release does not specify if the dividend has been increased in 2024. It states that One Liberty has increased or maintained its dividend for over 30 consecutive years.