Here's How You Can Earn $100 In Passive Income By Investing In One Liberty Properties Stock

One Liberty Properties, Inc. OLP is a real estate investment trust (REIT) with a diverse portfolio of 109 properties across 31 states. The company primarily acquires, owns and manages a geographically diversified portfolio of industrial properties and other net-leased assets, many under long-term net leases.

It will report its Q3 2024 earnings on November 4. Wall Street analysts expect the company to post an EPS of $0.48, down from $0.49 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $21.83 million, down from $22.55 million in the year-ago period.

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The 52-week range of One Liberty Properties stock price was $17.55 to $28.80.

One Liberty Properties has a dividend yield of 6.61%. Over the last 12 months, it has paid $1.80 per share in dividends.

The Latest On One Liberty Properties

On Aug. 6, the company reported its Q2 2024 earnings, posting revenues of $21.80 million, missing the consensus estimate of $22.48 million, as reported by Benzinga.

Funds from Operations (FFO) were $9.2 million or $0.43 per diluted share, compared to $9.6 million or $0.45 per diluted share, in the second quarter of 2023. Contributing to the change in FFO was the sale of restaurant and retail assets since Jan. 1, 2023 and the corresponding reduction in rental income.

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How Can You Earn $100 Per Month As A One Liberty Properties Investor?

If you want to make $100 per month –$1,200 annually – from One Liberty Properties' dividends, you would need to invest approximately $18,154, which is 666 shares at $27.24 each. 

Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (6.61%). So, $1,200 / 0.0661 = $18,154 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2 / $50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2 / $60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2 / $40).

In summary, income-focused investors may find One Liberty Properties stock an attractive option for making a steady income of $100 per month by owning 666 shares of stock. 

Check out this article by Benzinga for three more stocks with a long history of dividend increases and solid yields. 

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