GREAT NECK, N.Y., Dec. 06, 2018 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable January 4, 2019 to stockholders of record at the close of business on December 21, 2018. The Company expects that a portion of this dividend will be included in 2018 taxable income.
One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The primary business of the Company is to acquire, own and manage a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater properties. Many of these properties are subject to long-term net leases under which the tenant is typically responsible for real estate taxes, insurance and ordinary maintenance and repairs.
One Liberty Properties
Phone: (516) 466-3100