One Liberty Properties (OLP) will raise it's quarterly dividend to $0.43 per share.
The dividend is payable January 5, 2017 to stockholders of record on December 23, 2016.
One Liberty Properties is a REIT with investments throughout the United States including retail, industrial, flex, health and fitness, theaters, child care, c-stores and restaurants.
The dividend increase indicates an annualized rate of $1.72 per share and a yield of approximately 6.7% based on a stock price of $25.50.