Upcoming Dividend • Jun 25
Upcoming dividend of US$0.02 per share Eligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Kathleen Allen was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
Orion Properties Inc. to Report Q1, 2026 Results on May 07, 2026 Orion Properties Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Announcement • Mar 23
Orion Properties Inc., Annual General Meeting, May 13, 2026 Orion Properties Inc., Annual General Meeting, May 13, 2026. Announcement • Mar 06
Orion Properties Inc. Declares a Cash Dividend for the First Quarter of 2026, Payable on April 15, 2026 On March 4, 2026, Orion Properties Inc.'s Board of Directors declared a quarterly cash dividend of $0.02 per share for the first quarter of 2026, payable on April 15, 2026, to stockholders of record as of March 31, 2026. Announcement • Jan 16
Orion Properties Inc. to Report Q4, 2025 Results on Mar 05, 2026 Orion Properties Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 05, 2026 Announcement • Nov 07
Orion Properties Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2025, Payable on January 15, 2026 On November 5, 2025, the Board of Directors Orion Properties Inc. declared a quarterly cash dividend of $0.02 per share for the fourth quarter of 2025, payable on January 15, 2026, to stockholders of record as of December 31, 2025. Announcement • Oct 11
Orion Properties Inc. to Report Q3, 2025 Results on Nov 06, 2025 Orion Properties Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Announcement • Jul 12
Orion Properties Inc. to Report Q2, 2025 Results on Aug 06, 2025 Orion Properties Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Jul 10
Kawa Capital Management, Inc. cancelled the acquisition of remaining 90.30% stake in Orion Properties Inc. (NYSE:ONL). Kawa Capital Management, Inc. signed a letter of intent to acquire remaining 90.30% stake in Orion Properties Inc. (NYSE:ONL) for approximately $130 million on June 20, 2025. A cash consideration of $126.86 million will be paid by Kawa Capital Management, Inc. As part of consideration, $126.86 million is paid towards common equity of Orion Properties Inc.
Kawa Capital Management, Inc. cancelled the acquisition of remaining 90.30% stake in Orion Properties Inc. (NYSE:ONL) on July 9, 2025. Orion Properties Inc. “Company”) today announced that the Company’s Board of Directors unanimously concluded that the acquisition proposal to acquire all of the outstanding shares of Orion for $2.50 per share in cash submitted by Kawa Capital Management on June 20, 2025, is not in the best interests of Orion’s stockholders. Wells Fargo is acting as financial advisor and Hunton Andrews Kurth LLP is acting as legal advisor to Orion. Announcement • Apr 11
Orion Properties Inc. to Report Q1, 2025 Results on May 07, 2025 Orion Properties Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Announcement • Mar 24
Orion Properties Inc., Annual General Meeting, May 14, 2025 Orion Properties Inc., Annual General Meeting, May 14, 2025. Announcement • Mar 08
Orion Office REIT Inc. Announces Retirement of Gary Landriau, Chief Investment Officer, Effective June 30, 2025 Orion Office REIT Inc. announced the retirement of Gary Landriau, Chief Investment Officer, effective June 30, 2025. Announcement • Mar 07
Orion Office REIT Inc. Declares Quarterly Cash Dividend for the First Quarter of 2025, Payable on April 15, 2025 On March 4, 2025, the Board of Directors of Orion Office REIT Inc. declared a quarterly cash dividend of $0.02 per share for the first quarter of 2025, payable on April 15, 2025, to stockholders of record as of March 31, 2025, representing a new annualized dividend rate of $0.08 per share. This change in dividend policy will enable the Company to retain approximately $17.9 million of cash annually. Announcement • Jan 17
Orion Office REIT Inc. to Report Q4, 2024 Results on Mar 05, 2025 Orion Office REIT Inc. announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Declared Dividend • Nov 12
Third quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 9.9%, which is higher than the industry average of 5.8%. Reported Earnings • Nov 09
Third quarter 2024 earnings released: US$0.18 loss per share (vs US$0.29 loss in 3Q 2023) Third quarter 2024 results: US$0.18 loss per share (improved from US$0.29 loss in 3Q 2023). Revenue: US$39.2m (down 20% from 3Q 2023). Net loss: US$10.2m (loss narrowed 38% from 3Q 2023). Revenue is expected to fall by 11% p.a. on average during the next 2 years compared to a 1.8% decline forecast for the Office REITs industry in Europe. Announcement • Nov 08
Orion Office REIT Inc. Declares Quarterly Cash Dividend, Payable on January 15, 2025 On November 6, 2024, Orion Office REIT Inc.'s Board of Directors declared a quarterly cash dividend of $0.10 per share for the fourth quarter of 2024, payable on January 15, 2025, to stockholders of record as of December 31, 2024. Announcement • Oct 11
Orion Office REIT Inc. to Report Q3, 2024 Results on Nov 07, 2024 Orion Office REIT Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Announcement • Sep 24
Orion Office REIT Inc. (NYSE:ONL) acquired 96,882 Square Foot Warehouse in San Ramon from Global Securitization Services, LLC for $34.6 million. Orion Office REIT Inc. (NYSE:ONL) acquired 96,882 Square Foot Warehouse in San Ramon from Global Securitization Services, LLC for $34.6 million on September 1, 2024.
Orion Office REIT Inc. (NYSE:ONL) completed the acquisition of 96,882 Square Foot Warehouse in San Ramon from Global Securitization Services, LLC on September 1, 2024. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 15 October 2024. Trailing yield: 9.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (5.0%). Declared Dividend • Aug 12
Second quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.60 loss per share (vs US$0.28 loss in 2Q 2023) Second quarter 2024 results: US$0.60 loss per share (further deteriorated from US$0.28 loss in 2Q 2023). Revenue: US$40.1m (down 23% from 2Q 2023). Net loss: US$33.8m (loss widened 115% from 2Q 2023). Revenue is forecast to decline by 12% p.a. on average during the next 2 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Announcement • Aug 09
Orion Office REIT Inc. Declares Quarterly Cash Dividend, Payable on October 15, 2024 On August 7, 2024, Orion Office REIT Inc.’s Board of Directors declared a quarterly cash dividend of $0.10 per share for the third quarter of 2024, payable on October 15, 2024, to stockholders of record as of September 30, 2024. Announcement • Jul 13
Orion Office REIT Inc. to Report Q2, 2024 Results on Aug 08, 2024 Orion Office REIT Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Declared Dividend • May 13
First quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.47 loss per share (vs US$0.16 loss in 1Q 2023) First quarter 2024 results: US$0.47 loss per share (further deteriorated from US$0.16 loss in 1Q 2023). Revenue: US$47.2m (down 5.7% from 1Q 2023). Net loss: US$26.2m (loss widened 195% from 1Q 2023). Revenue is forecast to decline by 16% p.a. on average during the next 2 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Announcement • May 09
Orion Office REIT Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2024 On May 7, 2024, the Orion Office REIT Inc.'s Board of Directors declared a quarterly cash dividend of $0.10 per share for the second quarter of 2024, payable on July 15, 2024, to stockholders of record as of June 28, 2024. Announcement • Apr 13
Orion Office REIT Inc. to Report Q1, 2024 Results on May 08, 2024 Orion Office REIT Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Announcement • Mar 25
Orion Office REIT Inc., Annual General Meeting, May 15, 2024 Orion Office REIT Inc., Annual General Meeting, May 15, 2024, at 11:30 US Eastern Standard Time. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Trailing yield: 12%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (5.7%). Declared Dividend • Mar 04
Fourth quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Announcement • Feb 29
Orion Office Reit Inc. Declares Quarterly Cash Dividend for the First Quarter of 2024, Payable on April 15, 2024 Orion Office REIT Inc. declared a quarterly cash dividend of $0.10 per share for the first quarter of 2024, payable on April 15, 2024, to stockholders of record as of March 29, 2024. New Risk • Feb 29
New major risk - Revenue and earnings growth Earnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 28
Full year 2023 earnings released: US$1.02 loss per share (vs US$1.72 loss in FY 2022) Full year 2023 results: US$1.02 loss per share (improved from US$1.72 loss in FY 2022). Revenue: US$195.0m (down 6.0% from FY 2022). Net loss: US$57.3m (loss narrowed 41% from FY 2022). Revenue is forecast to decline by 6.4% p.a. on average during the next 2 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Announcement • Jan 24
Orion Office REIT Inc. to Report Q4, 2023 Results on Feb 27, 2024 Orion Office REIT Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.10 per share at 6.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 6.6%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (5.4%). New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 59% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Announcement • Nov 12
Orion Office REIT Inc. Reports Impairment of Real Estate for the Third Quarter Ended September 30, 2023 Orion Office REIT Inc. reported impairment of real estate for the third quarter ended September 30, 2023. For the third quarter ended September 30, 2023, the company reported impairment of real estate of $11,403,000 against $44,801,000 a year ago. Announcement • Nov 11
Orion Office REIT Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2023, Payable on January 16, 2024 On November 9, 2023, the Board of Directors of Orion Office REIT Inc. declared a quarterly cash dividend of $0.10 per share for the fourth quarter of 2023, payable on January 16, 2024, to stockholders of record as of December 29, 2023. Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$0.29 loss per share (vs US$0.94 loss in 3Q 2022) Third quarter 2023 results: US$0.29 loss per share (improved from US$0.94 loss in 3Q 2022). Revenue: US$49.1m (down 4.9% from 3Q 2022). Net loss: US$16.5m (loss narrowed 69% from 3Q 2022). Revenue is forecast to decline by 5.8% p.a. on average during the next 2 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Announcement • Oct 13
Orion Office REIT Inc. to Report Q3, 2023 Results on Nov 09, 2023 Orion Office REIT Inc. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Reported Earnings • Aug 10
Second quarter 2023 earnings released: US$0.28 loss per share (vs US$0.28 loss in 2Q 2022) Second quarter 2023 results: US$0.28 loss per share (further deteriorated from US$0.28 loss in 2Q 2022). Revenue: US$52.0m (down 1.5% from 2Q 2022). Net loss: US$15.7m (loss widened 1.0% from 2Q 2022). Revenue is expected to decline by 7.6% p.a. on average during the next 2 years, while revenues in the Office REITs industry in Europe are expected to grow by 1.4%. Announcement • Aug 10
Orion Office REIT Inc. Declares Quarterly Cash Dividend for the Third Quarter of 2023, Payable on October 16, 2023 On August 8, 2023, the Board of Directors of Orion Office REIT Inc. declared a quarterly cash dividend of $0.10 per share for the third quarter of 2023, payable on October 16, 2023, to stockholders of record as of September 29, 2023. Board Change • Aug 04
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Reggie Gilyard is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 