One Liberty Stock Price, News & Analysis

One Liberty Properties announced strong Q4 2021 results with 99.2% occupancy and increased rental income of $20.8 million, up from $18.7 million in Q4 2020. Net income grew to $6.5 million or $0.30 per diluted share, an increase from $3.6 million the previous year. Full-year rental income was $82.2 million, compared to $81.9 million in 2020. The company also achieved $25.5 million in gains from property sales. A quarterly dividend of $0.45 per share was declared, marking the 117th consecutive dividend.

On March 10, 2022, One Liberty Properties, Inc. (NYSE: OLP) announced a quarterly dividend of $0.45 per share, payable on April 7, 2022, to stockholders of record on March 24, 2022. This marks the company’s 117th consecutive quarterly dividend, showcasing its commitment to returning value to shareholders. As a self-managed real estate investment trust, One Liberty primarily focuses on acquiring and managing a diversified portfolio of industrial properties under long-term net leases.

One Liberty Properties announced significant transactions, including the acquisition of a 53,000 square foot industrial building in Fort Myers, Florida for $8.1 million. This property is leased until 2030 with an annual rent of approximately $443,000, featuring an increase of 3.8% annually starting in 2023. Additionally, the company sold two Wendy's restaurant properties in Pennsylvania for $5.7 million, estimating a net gain of $2.7 million for Q4 2021. The acquisition is expected to be financed by a $4.8 million mortgage at a 3.09% interest rate.

One Liberty Properties, Inc. (NYSE: OLP) announced a quarterly cash dividend of $0.45 per share, payable on January 5, 2022 to shareholders of record as of December 20, 2021. A significant portion of this dividend is expected to be included in the 2021 taxable income, indicating the company's continued commitment to returning value to shareholders. Established in 1982, One Liberty is a self-administered real estate investment trust (REIT) focused on a diversified portfolio including industrial and retail properties.

One Liberty Properties reported Q3 2021 results, showing rental income of $20.3 million, down from $21.1 million in Q3 2020, mainly due to property sales. Operating expenses decreased to $12.4 million from $13.1 million, aided by a reduction in litigation costs and a tax refund. Net income fell to $6.1 million, or $0.28 per share, significantly affected by a previous property sale gain. Adjusted Funds from Operations (AFFO) was stable at $10.1 million with a per-share figure of $0.48. Liquidity stands at approximately $105.2 million, and recent acquisitions include properties in Florida and Nebraska.

One Liberty Properties, Inc. (NYSE: OLP) announced a quarterly dividend of $0.45 per share, marking its 115th consecutive dividend. The dividend is set to be paid on October 7, 2021, to stockholders of record as of September 27, 2021. This reflects the company's ongoing commitment to shareholder returns and financial stability in the real estate sector.

One Liberty Properties, Inc. (NYSE: OLP) reported its Q2 2021 financial results, revealing a rental income of $20.3 million, down from $20.9 million in Q2 2020, mainly due to the sale of two properties. The company achieved a notable gain of $21.5 million from the sale of a Whole Foods property, boosting net income to $23.3 million, or $1.12 per diluted share. Adjusted Funds from Operations (AFFO) increased to $10.2 million, or $0.48 per diluted share. The company had $16 million in cash and total assets of $753.3 million as of June 30, 2021. Subsequent property sales are expected to contribute further gains.

One Liberty Properties reported a $40.5 million sale of a property leased to Whole Foods, anticipating a net gain of approximately $21.5 million for Q2 2021. The sale proceeds were utilized to repay a $15.4 million mortgage and a $17.9 million credit facility balance, with around $5.4 million allocated for corporate expenses. Furthermore, lease extensions with Havertys for ten properties are expected to generate rental income of $4.8 million, $4.5 million, and $4.0 million over the next three years.

On June 10, 2021, One Liberty Properties (NYSE: OLP) declared a quarterly dividend of $0.45 per share, payable on July 9, 2021 to stockholders of record by June 25, 2021. This marks the company's 114th consecutive quarterly dividend. Furthermore, the company has resumed its dividend reinvestment plan, offering a 3% discount on shares purchased through the plan. One Liberty Properties is a real estate investment trust managing a diversified portfolio of properties that include industrial and retail locations.