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One Liberty Properties Announces Dividend

One Liberty Properties Announces Dividend

GREAT NECK, N.Y., Dec. 06, 2018 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: 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.

Contact:

One Liberty Properties

Investor Relations

Phone: (516) 466-3100

Underlying
One Liberty Properties Inc.

One Liberty Properties is a self-administered and self-managed real estate investment trust. The company acquires, owns and manages a portfolio of retail, industrial, flex, and health and fitness properties. As of Dec 31 2016, the company owns 114 properties and participate in joint ventures that own five properties. These 119 properties are located in 30 states.

Provider
GlobeNewsWire
GlobeNewsWire

​GlobeNewswire is an American press release distribution company, headquartered in Los Angeles, California. A West Corporation subsidiary since 2018, it is a newswire distribution network. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope.

 

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