Shares of Office Properties Income Trust (NASDAQ:OPINL – Get Free Report) traded up 0.1% during trading on Wednesday . The stock traded as high as $9.99 and last traded at $9.85. 81,829 shares traded hands during mid-day trading, an increase of 152% from the average session volume of 32,515 shares. The stock had previously closed at $9.84.
Office Properties Income Trust Stock Up 0.1 %
The firm’s fifty day moving average price is $10.57 and its 200 day moving average price is $11.02.
Office Properties Income Trust Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Saturday, June 1st. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.3984 per share. This represents a $1.59 dividend on an annualized basis and a yield of 16.18%. This is a boost from Office Properties Income Trust’s previous quarterly dividend of $0.40. The ex-dividend date was Tuesday, May 14th.
Office Properties Income Trust Company Profile
opi is a reit focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities. opi is managed by the operating subsidiary of the rmr group inc. (nasdaq: rmr), an alternative asset management company that is headquartered in newton, massachusetts.
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