Orion Properties Inc.
ONLReal Estate · REIT - Office · Stock · quarterly payer
Forward Yield
3.88%
Annual Dividend
$0.08
Payout Ratio
0%
5-Yr Growth
—
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about ONL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Orion Properties Inc. (ONL) has a forward dividend yield of 3.88%, based on an annual dividend of $0.08 per share and a share price of $2.06.
- As of Oct 18, 2026, ONL's dividend safety grade from SmarterDividends is D (49 out of 100), which rates the dividend as unsafe.
- ONL last cut its regular dividend in 2025.
- ONL's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.0200 per share.
- As of Oct 18, 2026, ONL's 3.88% yield is 33% below its five-year average yield of 5.76%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ONL is $0.76 per share, 63% below the $2.06 share price, so ONL screens as overvalued.
- Orion Properties Inc. (ONL) pays its dividend quarterly, 4 times a year.
- Orion Properties Inc. (ONL) has raised its regular dividend 0 times and cut it 1 time across the 19 payments on record since 2022. Its most recent change was a 80.0% cut to $0.0200 per share, going ex-dividend on Mar 31, 2025.
Cite this page
SmarterDividends, "ONL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ONL
Summary
As of Oct 18, 2026, Orion Properties Inc. (ONL) yields 3.88% ($0.08 a year per share) and has a dividend safety grade of D (49/100).
Is ONL a good dividend stock?
MixedOrion Properties Inc. (ONL) pays a quarterly dividend yielding 3.88% ($0.08/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 3.88%
- Payout Ratio
- 0%
- Annual Dividend
- $0.08
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.61
- Market Cap
- $117.5M
- P/E Ratio
- —
- 5-Yr Total Return
- -88%
- 52-Week Range
- $1.89 – $3.05
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
ONL dividend raises and cuts
Orion Properties Inc. (ONL) has raised its regular dividend 0 times and cut it 1 time across the 19 payments on record since 2022. Its most recent change was a 80.0% cut to $0.0200 per share, going ex-dividend on Mar 31, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 31, 2025 | Cut | $0.100 → $0.0200 | −80.0% |
Frequently Asked Questions
Is ONL a good dividend stock?
Mixed. Orion Properties Inc. (ONL) pays a quarterly dividend yielding 3.88% ($0.08/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is ONL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ONL's fair value is about $0.76 versus a $2.06 share price — so it looks overvalued (-63% vs. fair value).
Is ONL's dividend safe?
ONL has a dividend-safety grade of D (49/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is ONL's fair value?
Our blended fair-value estimate for ONL is about $0.76 per share, about 63% below the current $2.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ONL a buy, hold, or sell?
We don't issue formal ratings, but on the data ONL screens as "mixed" and overvalued. Orion Properties Inc. (ONL) pays a quarterly dividend yielding 3.88% ($0.08/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will ONL cut its dividend?
ONL earns a dividend-safety grade of D (49/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ONL pay a dividend?
Yes. Orion Properties Inc. pays a quarterly dividend of about $0.08 per share annually, a forward yield of roughly 3.88%.
What is ONL's dividend yield?
As of Oct 18, 2026, ONL's forward dividend yield is 3.88%, based on a $0.08 annual dividend and a $2.06 share price.
What is ONL's dividend per share?
As of Oct 18, 2026, ONL pays $0.08 per share per year, distributed on a quarterly basis.
What is ONL's dividend payout ratio?
As of Oct 18, 2026, ONL's payout ratio is 0% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has ONL grown its dividend?
ONL does not currently have a long dividend-growth streak on record.
When is the next ONL ex-dividend date?
As of Oct 18, 2026, ONL's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.0200 per share.
ONL Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-60%
5 Years
-88%
52-Week Range
$1.89 – $3.05
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ONL worth?
Overvaluedlow confidenceOur blended fair-value estimate for Orion Properties Inc. is $0.76 per share, versus a market price of $2.06. That implies 63% of downside.
Fair Value
$0.76
Current Price
$2.06
Downside
-63%
Margin of Safety
-172%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 12.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$1.68 EPS, $0.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ONL Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full ONL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 15, 2026 | $0.0200 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.0200 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.0200 | regular |
| Dec 31, 2025 | Jan 15, 2026 | $0.0200 | regular |
| Sep 30, 2025 | Oct 15, 2025 | $0.0200 | regular |
| Jun 30, 2025 | Jul 15, 2025 | $0.0200 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.0200 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.1000 | regular |
| Sep 30, 2024 | Oct 15, 2024 | $0.1000 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.1000 | regular |
| Mar 27, 2024 | Apr 15, 2024 | $0.1000 | regular |
| Dec 28, 2023 | Jan 16, 2024 | $0.1000 | regular |
| Sep 28, 2023 | Oct 16, 2023 | $0.1000 | regular |
| Jun 29, 2023 | Jul 17, 2023 | $0.1000 | regular |
Income Calculator
At $0.08 / yr per share
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