SmarterDividends
OLP

One Liberty Properties, Inc.

OLP

Real Estate · REIT - Diversified · Stock · quarterly payer

$22.54

Fairly valued · +12% Add to Portfolio

Forward Yield

8.16%

Annual Dividend

$1.80

Payout Ratio

114%

5-Yr Growth

0.0%

Ex-Date

Sep 28, 2026

Frequency

Quarterly

Key facts about OLP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, One Liberty Properties, Inc. (OLP) has a forward dividend yield of 8.16%, based on an annual dividend of $1.80 per share and a share price of $22.54.
  • As of Oct 30, 2026, OLP's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
  • OLP last cut its regular dividend in 2009.
  • OLP's most recent ex-dividend date was Sep 28, 2026, for a dividend of $0.45 per share.
  • As of Oct 30, 2026, OLP pays out 114% of its trailing 12-month earnings as dividends (its payout ratio).
  • OLP's dividend has been roughly flat over the past five years.
  • As of Oct 30, 2026, OLP's 8.16% yield is 11% above its five-year average yield of 7.37%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for OLP is $25.14 per share, 12% above the $22.54 share price, so OLP screens as fairly valued.
  • One Liberty Properties, Inc. (OLP) pays its dividend quarterly, 4 times a year.
  • One Liberty Properties, Inc. (OLP) has raised its regular dividend 18 times and cut it 2 times across the 145 payments on record since 1987. Its most recent change was a 4.7% increase to $0.450 per share, going ex-dividend on Dec 21, 2017. The last cut went ex-dividend on Dec 19, 2008.
Cite this page

SmarterDividends, "OLP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/OLP

Summary

As of Oct 30, 2026, One Liberty Properties, Inc. (OLP) yields 8.16% ($1.80 a year per share) and has a dividend safety grade of B (77/100).

Is OLP a good dividend stock?

Yes

One Liberty Properties, Inc. (OLP) pays a quarterly dividend yielding 8.16% ($1.80/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

    Risks

    • Cut its dividend in 2009
    • Elevated payout ratio (114%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    8.16%
    Payout Ratio
    114%
    Annual Dividend
    $1.80
    5-Yr Avg Growth
    0.0%
    Ex-Dividend Date
    Sep 28, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.91
    Market Cap
    $493.6M
    P/E Ratio
    14.3
    5-Yr Total Return
    -31%
    52-Week Range
    $19.62 – $25.88
    Dividend Safety
    B · 77/100
    Ever Cut?
    Yes (2009)

    OLP dividend raises and cuts

    One Liberty Properties, Inc. (OLP) has raised its regular dividend 18 times and cut it 2 times across the 145 payments on record since 1987. Its most recent change was a 4.7% increase to $0.450 per share, going ex-dividend on Dec 21, 2017. The last cut went ex-dividend on Dec 19, 2008.

    Ex-dateChangeOld → newMove
    Dec 21, 2017Raise$0.430 → $0.450+4.7%
    Dec 21, 2016Raise$0.410 → $0.430+4.9%
    Dec 21, 2015Raise$0.390 → $0.410+5.1%
    Dec 24, 2014Raise$0.370 → $0.390+5.4%
    Dec 24, 2013Raise$0.350 → $0.370+5.7%
    Dec 24, 2012Raise$0.330 → $0.350+6.1%
    Dec 21, 2010Raise$0.300 → $0.330+10.0%
    Mar 24, 2010Raise$0.220 → $0.300+36.4%
    Dec 18, 2009Raise$0.216 → $0.220+1.9%
    Sep 23, 2009Raise$0.211 → $0.216+2.3%
    Jun 17, 2009Raise$0.204 → $0.211+3.5%
    Mar 26, 2009Raise$0.194 → $0.204+5.2%
    Show all 20 changes since 1988
    Ex-dateChangeOld → newMove
    Dec 19, 2008Cut$0.317 → $0.194−38.9%
    Dec 21, 2006Raise$0.291 → $0.317+9.1%
    Mar 20, 2002Raise$0.264 → $0.291+10.0%
    Jun 16, 1995Raise$0.110 → $0.264+140.0%
    Jun 14, 1994Raise$0.0881 → $0.110+25.0%
    Mar 15, 1993Cut$0.617 → $0.0881−85.7%
    Mar 17, 1989Raise$0.308 → $0.352+14.3%
    Feb 1, 1988Raise$0.291 → $0.308+6.1%
    Every OLP payment →Download every raise and cut (CSV)
    OLP ex-dividend date & scheduleNext ex-date Sep 28, 2026 · full ex-dividend historyView →OLP dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is OLP a good dividend stock?

    Yes. One Liberty Properties, Inc. (OLP) pays a quarterly dividend yielding 8.16% ($1.80/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

    Is OLP undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OLP's fair value is about $25.14 versus a $22.54 share price — so it looks fairly valued (+12% vs. fair value).

    Is OLP's dividend safe?

    OLP has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

    What is OLP's fair value?

    Our blended fair-value estimate for OLP is about $25.14 per share, roughly 12% above the current $22.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is OLP a buy, hold, or sell?

    We don't issue formal ratings, but on the data OLP screens as "yes" and fairly valued. One Liberty Properties, Inc. (OLP) pays a quarterly dividend yielding 8.16% ($1.80/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

    Will OLP cut its dividend?

    OLP earns a dividend-safety grade of B (77/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does OLP pay a dividend?

    Yes. One Liberty Properties, Inc. pays a quarterly dividend of about $1.80 per share annually, a forward yield of roughly 8.16%.

    What is OLP's dividend yield?

    As of Oct 30, 2026, OLP's forward dividend yield is 8.16%, based on a $1.80 annual dividend and a $22.54 share price.

    What is OLP's dividend per share?

    As of Oct 30, 2026, OLP pays $1.80 per share per year, distributed on a quarterly basis.

    What is OLP's dividend payout ratio?

    As of Oct 30, 2026, OLP's payout ratio is 114% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has OLP grown its dividend?

    OLP does not currently have a long dividend-growth streak on record.

    When is the next OLP ex-dividend date?

    As of Oct 30, 2026, OLP's next ex-dividend date hasn't been announced. The most recent was Sep 28, 2026, for $0.45 per share.

    Income Calculator

    At $1.80 / yr per share

    Per payment (quarterly)$45.00
    Annual$180.00
    Monthly avg$15.00

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