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

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

The dividend will be payable on January 5, 2024, to stockholders of record on December 20, 2023, with an ex-dividend date of December 19, 2023.

The annual yield on the dividend is 8.4 percent.

The Company also announced that its Board of Directors authorized the replenishment of its October 2023 stock repurchase authorization. From October 6, 2023 through December 4, 2023, the Company repurchased approximately $1.9 million of shares. As of today, the Company is authorized to repurchase $10 million of shares of its common stock.

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

You May Also Be Interested In

• Farmers & Merchants Bancorp (FMCB) Raises Quarterly Dividend 4.7% to $5.60; 1.6% Yield
• Kontoor Brands raises full-year outlook, plans $400M share buyback
• Newell Brands (NWL) Declares $0.07 Quarterly Dividend; 4.5% Yield