Orion Office REIT Dividends and Buybacks

Dividend criteria checks 4/6

Orion Office REIT is a dividend paying company with a current yield of 10.18% that is well covered by earnings.

Key information

10.2%

Dividend yield

0.08%

Buyback Yield

Total Shareholder Yield10.3%
Future Dividend Yield10.2%
Dividend Growth43.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.400
Payout ratio40%

Recent dividend and buyback updates

Recent updates

If I Had To Invest Right Now, I Buy This 10% Yield REIT: Orion Office

Jan 06

Realty Income's Not The Blue Chip You Deserve, But The One You Need Right Now

Dec 17

Realty Income: What Could Turn The Tide?

Dec 05

I Am Bottom Fishing: 10% Yield From Orion Office REIT

Nov 21

Orion Office: An Ugly Ducking Or SWAN-A-Bee?

Oct 15

Orion Office REIT: 3 Reasons We Are Moving To A Strong Sell

Oct 08

Orion Office REIT: Evaluating Risks, Dividends, And Valuation In A Declining Market

Aug 21

Orion Office REIT: Don't Get Sucked In

Jun 20

Orion Office REIT: 75% Discount To NAV, What You Are Missing

Jun 13

Orion Office REIT: The Downturn Continues

Feb 28

Realty Income: My Favorite High-Yield REIT In The Market Today

Jan 11

Spirit Realty Capital: Time To Exit Realty Income (Rating Downgrades)

Jan 04

Orion: 3 Reasons There Could Be Material Downside In 2024

Dec 26

Orion Office REIT: A Speculative Buy Once The Selling Pressure Subsides

Oct 16

Orion Office REIT: An Upgrade Is Warranted

Aug 12

Orion Office REIT: Suggestivist Speaks

May 29

Orion Office Is Dirt Cheap With Upside Potential

Jan 10

Orion Office REIT FFO of $0.42, revenue of $51.8M

Nov 03

Orion Office REIT goes ex-dividend tomorrow

Sep 28

Orion Office: The Good, The Bad, And The Ugly

Aug 10

Orion Office REIT Q2 2022 Earnings Preview

Aug 02

Orion Office REIT: No Win For This REIT Spin (Yet)

Jul 25

Orion Office: Blood In The Constellation

Jun 27

Why Orion Office Is Still A Horrible Idea

May 24

Orion And Office Properties: Why Both Deserve Low Multiples

May 03

Orion Office REIT: Built To Thrive In Inflation, Expect Double Digit Returns

Apr 22

Orion Office REIT: Get Out While You Still Can

Apr 07

A Future Blue-Chip With A Fat Yield Up To +8%: Orion Office

Mar 23

Orion Office: High Yield Potential At A Bargain

Feb 22

Realty Income Finally Dips

Jan 28

Orion Office REIT: Don't Get Caught Holding The Bag

Jan 04

Orion Office REIT: Well Below Its Fair Value

Dec 25

Realty Income: Reviewing Our Top 2021 REIT Investment

Dec 04

Orion Office: If You Have Missed The Initial Sell-Off, Hold

Nov 19

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, ONL has been paying a dividend for less than 10 years.

Growing Dividend: ONL has only been paying a dividend for 3 years, and since then payments have not increased.


Dividend Yield vs Market

Orion Office REIT Dividend Yield vs Market
How does ONL dividend yield compare to the market?
SegmentDividend Yield
Company (ONL)10.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Office REITs)4.7%
Analyst forecast (ONL) (up to 3 years)10.2%

Notable Dividend: ONL's dividend (10.18%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: ONL's dividend (10.18%) is in the top 25% of dividend payers in the US market (4.49%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40%), ONL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52.1%), ONL's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/19 04:19
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Orion Office REIT Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mitchell GermainJMP Securities