Net Lease Office Properties (NYSE:NLOP) Declares Dividend of $4.10

Net Lease Office Properties (NYSE:NLOP) declared a dividend on Monday, November 24th. Investors of record on Thursday, December 4th will be given a dividend of 4.10 per share on Friday, December 19th. The ex-dividend date of this dividend is Thursday, December 4th.

Net Lease Office Properties Stock Up 0.1%

Net Lease Office Properties stock opened at $28.99 on Tuesday. The stock has a market cap of $429.46 million, a PE ratio of -2.37 and a beta of 0.78. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s fifty day moving average is $29.32 and its two-hundred day moving average is $30.87. Net Lease Office Properties has a 1-year low of $26.10 and a 1-year high of $34.53.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Net Lease Office Properties in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $46.00.

About Net Lease Office Properties

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe.