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Office Properties Income Trust - OPI STOCK NEWS

Welcome to our dedicated news page for Office Properties Income Trust (Ticker: OPI), a resource for investors and traders seeking the latest updates and insights on Office Properties Income Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Office Properties Income Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Office Properties Income Trust's position in the market.

News
Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities
Rhea-AI Summary
Office Properties Income Trust (OPI) announced the replacement of its prior $750 million unsecured revolving facility with a new $325 million secured revolving credit facility and $100 million secured term loan. The Facilities have a maturity date of January 29, 2027, with an extension option for the revolving credit facility. The interest rate is set at SOFR plus a margin of 3.50%, and the Facilities are secured by 19 office properties with a gross carrying value of $942 million. Wells Fargo Securities, LLC, BofA Securities, Inc., and Citibank, N.A. are the Joint Lead Arrangers and Joint Lead Bookrunners for the Facilities, with Wells Fargo Bank, N.A. serving as the Administrative Agent. OPI currently has $232 million outstanding on the Facilities and $193 million available for borrowing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
none
-
News
Industrial Logistics Properties Trust Fourth Quarter 2023 Conference Call Scheduled for Wednesday, February 21st
Rhea-AI Summary
Industrial Logistics Properties Trust (ILPT) will release its fourth quarter 2023 financial results on February 20, 2024. The press release will be issued after the Nasdaq closes, and a conference call will be held the following day. This announcement provides investors and traders with a key date for upcoming financial information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
earnings
-
News
Office Properties Income Trust Fourth Quarter 2023 Conference Call Scheduled for Friday, February 16th
Rhea-AI Summary
Office Properties Income Trust (OPI) will release its fourth quarter 2023 financial results on February 15, 2024, after Nasdaq closes. The press release will be followed by a conference call on February 16, 2024, at 10:00 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
earnings
News
Office Properties Income Trust Announces 2023 Dividend Allocations
Rhea-AI Summary
Office Properties Income Trust (OPI) has announced the dividend allocation for 2023 income tax reporting purposes. The total dividend allocation per share for the year is $1.30, with specific amounts allocated to different types of dividends. Shareholders are advised to refer to IRS Form 1099-DIV for their tax reporting and to visit the OPI website for additional information regarding the effect on the tax basis of OPI shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.4%
Tags
dividends
-
News
Industrial Logistics Properties Trust Announces 2023 Dividend Allocation
Rhea-AI Summary
Industrial Logistics Properties Trust (ILPT) has announced the characterization of dividends for 2023 income tax reporting purposes. The dividend allocation per share is detailed for different types of income, with a total of $0.04 per share. Shareholders are advised to refer to IRS Form 1099-DIV for tax reporting, as this information represents final income allocations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.45%
Tags
dividends
-
News
Office Properties Income Trust Reduces Quarterly Dividend to Increase Liquidity and Financial Flexibility Going Forward
Rhea-AI Summary
Office Properties Income Trust (OPI) has announced a reduction in its regular quarterly cash distribution on its common shares to $0.01 per common share, expected to immediately increase liquidity by approximately $47 million per year. This decision was made in response to deteriorating market conditions and is aimed at increasing financial flexibility for future leasing costs, capital expenditures, and debt maturities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.58%
Tags
dividends
News
Industrial Logistics Properties Trust Announces Quarterly Dividend on Common Shares
Rhea-AI Summary
Industrial Logistics Properties Trust (ILPT) announces a regular quarterly cash distribution of $0.01 per common share ($0.04 per share per year).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.07%
Tags
dividends
-
News
The RMR Group Named a Top Place to Work by The Boston Globe for the Fourth Consecutive Year
Rhea-AI Summary
The RMR Group (Nasdaq: RMR) has been recognized as one of the Top Places to Work in Massachusetts by The Boston Globe for the fourth consecutive year. The program, based on employee surveys, acknowledges organizations with positive ratings for culture, growth prospects, career development, and benefits. In 2023, almost 76,000 employees at nearly 350 companies in Massachusetts took part.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
-
News
Office Properties Income Trust Announces Third Quarter 2023 Results
Rhea-AI Summary
Office Properties Income Trust (OPI) announced its financial results for Q3 2023. The results can be found on OPI's website. A conference call to discuss the results will be held on October 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.15%
Tags
earnings
News
Industrial Logistics Properties Trust Announces Third Quarter 2023 Results
Rhea-AI Summary
Industrial Logistics Properties Trust (ILPT) announces financial results for Q3 2023. Conference call scheduled for October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.73%
Tags
earnings
Stock OPI logo
Office Properties Income Trust

Nasdaq:OPI

OPI Rankings

#4271 Ranked by Market Cap
#5197 Ranked by Stock Gains
N/A Ranked by Dividends

OPI Stock Data

99.46M
48.29M
2.1%
65.55%
15.91%
Lessors of Nonresidential Buildings (except Miniwarehouses)
Real Estate and Rental and Leasing
Link
United States
Newton

About OPI

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.