{"id":476765,"date":"2021-04-15T08:03:33","date_gmt":"2021-04-15T12:03:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/office-properties-income-trust-announces-quarterly-dividend-on-common-shares\/"},"modified":"2021-04-15T08:03:33","modified_gmt":"2021-04-15T12:03:33","slug":"office-properties-income-trust-announces-quarterly-dividend-on-common-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/office-properties-income-trust-announces-quarterly-dividend-on-common-shares\/","title":{"rendered":"Office Properties Income Trust Announces Quarterly Dividend on Common Shares"},"content":{"rendered":"

<\/p>\n

Office Properties Income Trust Announces Quarterly Dividend on Common Shares<\/b><\/p>\n

NEWTON, Mass.–(BUSINESS WIRE<\/a>)–Office Properties Income Trust (Nasdaq: OPI)<\/a> today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021.\n<\/p>\n

\nOffice Properties Income Trust is a real estate investment trust, or 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)<\/a>, an alternative asset management company that is headquartered in Newton, MA.\n<\/p>\n

WARNING REGARDING FORWARD LOOKING STATEMENTS<\/b><\/p>\n

\nThis press release contains forward looking statements within the meaning of the private securities litigation reform act of 1995 and other securities laws. These forward looking statements are based upon OPI\u2019s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond OPI\u2019s control. For example, this press release states that OPI\u2019s dividend rate will be $0.55\/share per quarter or $2.20\/share per year. A possible implication of this statement is that OPI will continuously pay quarterly dividends of $0.55\/share per quarter or $2.20\/share per year in the future. OPI\u2019s dividend rates are set and reset from time to time by OPI\u2019s Board of Trustees. The OPI Board considers many factors when setting dividend rates including OPI\u2019s historical and projected income, normalized funds from operations, cash available for distribution, the then current and expected needs and availability of cash to pay OPI\u2019s obligations and fund OPI\u2019s investments, distributions which may be required to be paid to maintain OPI\u2019s tax status as a real estate investment trust and other factors deemed relevant by OPI\u2019s Board of Trustees in their discretion. Accordingly, future dividend rates may be increased or decreased and there is no assurance as to the rate at which future dividends will be paid. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward looking statements in this press release. Except as required by law, OPI does not intend to update any forward looking statements as a result of new information, future events or otherwise.\n<\/p>\n

\nA Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
\n
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210415005133\/en\/<\/a><\/span><\/p>\n

\nOlivia Snyder, Manager, Investor Relations
\n
(617) 219-1410
\n
www.opireit.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Office Properties Income Trust Announces Quarterly Dividend on Common Shares NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021. Office Properties Income Trust is a real estate investment trust, or 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 … <\/p>\n

Continue reading “Office Properties Income Trust Announces Quarterly Dividend on Common Shares”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476765","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOffice Properties Income Trust Announces Quarterly Dividend on Common Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/office-properties-income-trust-announces-quarterly-dividend-on-common-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Office Properties Income Trust Announces Quarterly Dividend on Common Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Office Properties Income Trust Announces Quarterly Dividend on Common Shares NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021. Office Properties Income Trust is a real estate investment trust, or 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. 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