GREAT NECK, NY — (Marketwired) — 12/10/13 — One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors has declared a quarterly dividend on the Company-s common stock of $0.37 per share. The dividend is payable January 3, 2014 to stockholders of record on December 27, 2013. The dividend will be included in 2013 taxable income. This dividend payment represents a 5.7% increase over the last dividend payment.
is a self-administered and self-managed real estate investment trust incorporated under the laws of Maryland in December 1982. The primary business of the One Liberty is to acquire, own and manage a geographically diversified portfolio of retail, industrial, flex, office, health and fitness and other properties under long term leases. Most of One Liberty-s leases are “net leases”, under which the tenant is responsible for real estate taxes, insurance and ordinary maintenance and repairs.
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