Office Properties Income Trust (NASDAQ:OPINL) Trading 0.1% Higher

Office Properties Income Trust (NASDAQ:OPINLGet Free Report) shares rose 0.1% during mid-day trading on Wednesday . The company traded as high as $10.90 and last traded at $10.85. Approximately 18,198 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 37,701 shares. The stock had previously closed at $10.84.

Office Properties Income Trust Trading Up 0.8 %

The company’s fifty day simple moving average is $10.90 and its two-hundred day simple moving average is $12.10.

Office Properties Income Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Thursday, February 15th were issued a dividend of $0.3984 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.59 annualized dividend and a yield of 14.55%.

Office Properties Income Trust Company Profile

(Get Free Report)

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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