Net Lease Office Properties (NYSE:NLOP – Get Free Report) declared a special dividend on Wednesday, November 4th. Shareholders of record on Monday, November 16th will be given a dividend of $1.50 per share on Tuesday, December 1st. The ex-dividend date is Monday, November 16th.
Net Lease Office Properties Stock Performance
Shares of NLOP opened at $8.99 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.37 and a current ratio of 2.37. The stock has a 50 day moving average price of $10.14 and a two-hundred day moving average price of $12.50. The firm has a market capitalization of $133.20 million, a P/E ratio of 2.56 and a beta of 0.70. Net Lease Office Properties has a 52 week low of $8.80 and a 52 week high of $30.26.
About Net Lease Office Properties
Net Lease Office Properties (NYSE: NLOP) is a real estate investment trust that owns and manages a portfolio of office properties. The company’s properties are generally leased to commercial tenants under net lease arrangements, in which tenants typically assume responsibility for many property-related expenses, including taxes, insurance and maintenance.
NLOP’s portfolio is focused primarily on office buildings in the United States and Europe. Its activities include leasing and managing properties, overseeing tenant relationships and pursuing strategies to enhance the performance of its real estate investments.
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