Orion Office REIT's most recent quarterly dividend payment of $0.1 per share was made to shareholders on record before Jun 28, 2024. At an annualized rate of $0.4 per share, the stock yields 9.78%.
Orion Office REIT's dividend yield of 9.78% is above the Real Estate sector average but below the industry average. If we compare it with its Real Estate sector average of 5.86%, Orion Office REIT's dividend yield is 67% higher.
Orion Office REIT has been paying dividends for the last two years. According to our data ONL has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone down by 38% from a year ago, the dividend yield has increased by 60%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 15, 2024 | May 7, 2024 | $0.1 | normal |
| Mar 27, 2024 | Apr 15, 2024 | Feb 27, 2024 | $0.1 | normal |
| Dec 28, 2023 | Jan 16, 2024 | Nov 9, 2023 | $0.1 | normal |
| Sep 28, 2023 | Oct 16, 2023 | Aug 8, 2023 | $0.1 | normal |
| Jun 29, 2023 | Jul 17, 2023 | May 8, 2023 | $0.1 | normal |
| Mar 30, 2023 | Apr 17, 2023 | Mar 7, 2023 | $0.1 | normal |
| Dec 29, 2022 | Jan 17, 2023 | Nov 1, 2022 | $0.1 | normal |
| Sep 29, 2022 | Oct 17, 2022 | Aug 2, 2022 | $0.1 | normal |
| Jun 29, 2022 | Jul 15, 2022 | May 4, 2022 | $0.1 | normal |
| Mar 30, 2022 | Apr 15, 2022 | Mar 22, 2022 | $0.1 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ONL Orion Office REIT Inc | 9.48% | $0.4 | N/A |
| NNN National Retail Properties Inc | 4.96% | $2.26 | 103.7% |
| NHI National Health Investors Inc | 4.8% | $3.6 | 118% |
Yes, Orion Office REIT has paid four dividends in the last 12 months. ONL has been paying dividends since 2022.
ONL hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in September 2024.
Orion Office REIT's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.1 per share.
ONL has paid dividend of $0.4 per share in the last year.
Orion Office REIT's current dividend yield is 9.78%.
Orion Office REIT pays four dividends per year.
Orion Office REIT's dividend yield is more than the Real Estate sector average.