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

Office Properties Income Trust (NASDAQ:OPINL) declared a quarterly dividend on Tuesday, August 6th, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.3984 per share on Sunday, September 1st. This represents a $1.59 dividend on an annualized basis and a yield of 14.35%. The ex-dividend date of this dividend is Thursday, August 15th.

Office Properties Income Trust Stock Performance

Shares of Office Properties Income Trust stock traded up $0.11 during trading hours on Tuesday, reaching $11.11. The stock had a trading volume of 20,291 shares, compared to its average volume of 31,921. Office Properties Income Trust has a 1 year low of $9.62 and a 1 year high of $15.01. The firm has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $10.74.

Office Properties Income Trust Company Profile

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.