Since April 1, One LIberty Properties (OLP) purchased three properties for a total price of $16.1M: A 43.5K square foot retail building in Highlands Ranch, CO leased to Savers Thrift Superstore; a 49.4K square foot retail building in Woodbury, MN leased to Hobby Lobby Stores; a land parcel in Sandy Springs, GA leased to the operator of a 196-unit multi-family property.
Apartment REITs Associated Estates Realty (AEC) and Independence Realty Trust (IRT) are started at Buys. Also initiated at a Buy is commercial real estate owner One Liberty Properties (OLP). Begun at Hold is manufactured home site operator UMH Properties.
One Liberty Properties (OLP) declares $0.35/share quarterly dividend, 6.1% increase from prior dividend of $0.33. Forward yield 7.14%. For shareholders of record Dec. 27. Payable Jan. 04. Ex-div date Dec. 24. (PR)
: Seen this movie knew I should have bought more MDY.
OLP vs. ETF Alternatives
One Liberty Properties Inc acquires, owns and manages a geographically diversified portfolio of retail, industrial, flex, office, health and fitness, and other properties, a portion of which are under long-term leases.