Orion Office REIT Inc. (NYSE:ONL) Plans $0.02 Quarterly Dividend

Orion Office REIT Inc. (NYSE:ONL) announced a quarterly dividend on Wednesday, March 4th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.02 per share on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date is Tuesday, March 31st.

Orion Office REIT Stock Down 5.1%

Shares of ONL traded down $0.13 during mid-day trading on Friday, hitting $2.42. 307,667 shares of the company’s stock were exchanged, compared to its average volume of 255,450. The stock has a market cap of $136.28 million, a price-to-earnings ratio of -0.99 and a beta of 1.37. The firm has a fifty day moving average of $2.36 and a two-hundred day moving average of $2.47. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.73. Orion Office REIT has a twelve month low of $1.46 and a twelve month high of $3.05.

Orion Office REIT (NYSE:ONL) last issued its quarterly earnings data on Thursday, March 5th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.51). Orion Office REIT had a negative return on equity of 18.73% and a negative net margin of 90.36%.The business had revenue of $35.22 million during the quarter, compared to the consensus estimate of $36.18 million. Orion Office REIT has set its FY 2026 guidance at 0.690-0.760 EPS.

Orion Office REIT Company Profile

Orion Office REIT is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of Class A office properties across high-growth U.S. markets. The company focuses on suburban and infill locations, targeting properties with strong tenant credit profiles and long-term lease structures. Its business strategy emphasizes active asset management, capital recycling and selective development to enhance income stability and potential total return for shareholders.

Orion Office REIT debuted on the New York Stock Exchange under the ticker ONL following a spin-off from Government Properties Income Trust in June 2021, though many of its core assets trace back to acquisitions made as early as 2013.