Orion Office REIT Inc. (NYSE:ONL) to Issue Quarterly Dividend of $0.10

Orion Office REIT Inc. (NYSE:ONL) announced a quarterly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Tuesday, December 31st will be given a dividend of 0.10 per share on Wednesday, January 15th. This represents a $0.40 dividend on an annualized basis and a yield of 9.83%. The ex-dividend date of this dividend is Tuesday, December 31st.

Orion Office REIT Stock Performance

Shares of ONL stock opened at $4.07 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.86 and a quick ratio of 0.86. The company’s fifty day moving average price is $3.98 and its two-hundred day moving average price is $3.77. The firm has a market capitalization of $227.72 million, a P/E ratio of -2.47 and a beta of 0.99. Orion Office REIT has a 12 month low of $3.01 and a 12 month high of $6.22.

About Orion Office REIT

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants.