dividend
confidence high
sentiment neutral
materiality 0.35
NLOP declares $0.34/share common dividend, payable in cash/shares with 20% cash cap
Net Lease Office Properties
- Dividend of $0.34 per share (~$5.0M aggregate) declared on Dec 8, 2023.
- Record date Dec 18, 2023; payable on or about Jan 29, 2024.
- Shareholders may elect all cash or all shares; aggregate cash limited to 20% of total dividend.
- Election deadline Jan 17, 2024; default election is all shares.
- Dividend intended to satisfy REIT annual distribution requirements.