Orion Office REIT Inc. (NYSE:ONL) to Issue Quarterly Dividend of $0.02

Orion Office REIT Inc. (NYSE:ONL) declared a quarterly dividend on Thursday, May 7th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.02 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, June 30th.

Orion Office REIT Stock Down 0.4%

Shares of Orion Office REIT stock opened at $2.83 on Friday. Orion Office REIT has a twelve month low of $1.63 and a twelve month high of $3.05. The company has a market cap of $160.83 million, a price-to-earnings ratio of -1.14 and a beta of 1.57. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average is $2.39 and its 200 day moving average is $2.35.

Orion Office REIT (NYSE:ONL) last announced its earnings results on Thursday, May 7th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.12). Orion Office REIT had a negative net margin of 94.35% and a negative return on equity of 20.13%. The business had revenue of $36.27 million for the quarter, compared to analysts’ expectations of $34.41 million. Orion Office REIT has set its FY 2026 guidance at 0.690-0.76 EPS.

About Orion Office REIT

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.