Office Properties Income Trust (NASDAQ:OPINL) Declares $0.40 Quarterly Dividend

Office Properties Income Trust (NASDAQ:OPINL) announced a quarterly dividend on Tuesday, February 11th,NASDAQ Dividends reports. Shareholders of record on Saturday, February 15th will be given a dividend of 0.3984 per share on Saturday, March 1st. This represents a $1.59 annualized dividend and a yield of 12.98%. The ex-dividend date is Friday, February 14th.

Office Properties Income Trust Stock Down 1.5 %

Shares of Office Properties Income Trust stock opened at $12.28 on Wednesday. The stock has a 50 day moving average price of $12.16 and a two-hundred day moving average price of $12.50. Office Properties Income Trust has a 12-month low of $9.62 and a 12-month high of $14.90.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing high quality office and mixed-use properties in select growth-oriented U.S. markets. As of December 31, 2023, approximately 64% of OPI’s revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, DC In 2023, OPI was named as an Energy Star® Partner of the Year for the sixth consecutive year.