One Liberty Properties, Inc. Announces Cash Dividend

Rhea-AI Summary

One Liberty Properties has declared a quarterly cash dividend of $0.45 per share for its common stock. This dividend is set to be paid on January 7, 2021, to stockholders of record by December 17, 2020. The company anticipates that this dividend will contribute to the 2021 taxable income.

Positive

• Quarterly cash dividend of $0.45 per share announced.
• Dividend payment scheduled for January 7, 2021.
• Inclusion of dividend in 2021 taxable income demonstrates financial sustainability.

Negative

• None.

News Market Reaction – OLP

+1.69%

+1.69% Session move

In the trading session that priced this news, OLP gained 1.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GREAT NECK, N.Y., Dec. 02, 2020 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly cash dividend for the Company’s common stock of $0.45 per share. The dividend is payable on January 7, 2021 to stockholders of record as of December 17, 2020. The Company expects that this dividend will be included in 2021 taxable income.

Contact:
One Liberty Properties
Investor Relations
Phone: (516) 466-3100
www.onelibertyproperties.com

FAQ

What is the dividend amount announced by One Liberty Properties?

One Liberty Properties announced a quarterly cash dividend of $0.45 per share.

When will the dividend be paid?

The dividend will be paid on January 7, 2021.

What is the record date for the dividend?

The record date for the dividend is December 17, 2020.

Will the dividend be included in taxable income?

Yes, the company expects that this dividend will be included in 2021 taxable income.