Orion Office REIT Inc. (NYSE:ONL) Declares $0.10 Quarterly Dividend

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

Orion Office REIT Trading Up 2.5 %

Orion Office REIT stock traded up $0.10 during trading on Friday, hitting $4.07. The company had a trading volume of 279,711 shares, compared to its average volume of 274,075. The stock has a market cap of $227.72 million, a price-to-earnings ratio of -2.47 and a beta of 0.99. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.56. Orion Office REIT has a 1-year low of $3.01 and a 1-year high of $6.22. The company's 50 day simple moving average is $3.98 and its 200-day simple moving average is $3.77.

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.