One Liberty Properties, Inc. Stock News

– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increased or Maintained Dividend for Over 30 Consecutive Years –

– Enters into Contracts to Acquire Two Industrial Properties for $61.6 million – – Closes on Purchase of Two Industrial Properties for Approximately $11.7 Million – – Completes Sales of Six Properties For $7.4 Million Gain – GREAT NECK, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announc...

– Upon Closing Company Will Have Added Four Industrial Properties for Over $73 Million in 2024 –

One Liberty Properties is a diversified REIT with a heavy focus on industrial and retail/service-oriented properties. Specialized REITs tend to outperform diversified REITs, but each diversification strategy should be evaluated individually. The dividend may be tempting. However, OLP has recently delivered a modest AFFO per share growth, no DPS growth, and is accompanied by a high AFFO payout r...

– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increased or Maintained Dividend for Over 30 Consecutive Years –

The controlling family of this REIT has made sure it pays its dividends for decades. You can bank on Truist's dividend.

—Closes Acquisition of Industrial Property—— Sells Two Assets and Secures Contracts for Three Additional Sales —