One Liberty Properties (OLP) Declares $0.45 Quarterly Dividend; Increases Buyback Authorization

One Liberty Properties (NYSE: OLP) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on October 7, 2022, to stockholders of record on September 27, 2022, with an ex-dividend date of September 26, 2022.

The annual yield on the dividend is 7.4 percent.

OLP also announced that the Board approved an approximate $5.2 million increase to its existing share repurchase authorization. The expansion is in addition to the approximately $2.3 million remaining on the current repurchase authorization, resulting in share repurchase authorization of up to $7.5 million of common stock.

For a dividend history and other dividend-related data on One Liberty Properties (OLP) click here.

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