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Real Estate REIT Delivers Steady Returns Over Decade, Outpacing S&P 500
28 Jul
Summary
- $10,000 invested in One Liberty Properties 10 years ago now worth $19,194
- Company's dividend yield currently at 7.68%, paid $18.48 per share in dividends over 10 years
- Analysts have a "Buy" rating and $27 price target, implying over 15% upside
One Liberty Properties Inc. (OLP), a real estate investment trust, has demonstrated strong performance over the past decade. The company, which primarily acquires, owns, and manages industrial and retail properties, is set to report its Q2 2025 earnings on August 5.
According to the article, if an investor had invested $10,000 in One Liberty Properties' stock 10 years ago, their investment would now be worth $19,194, representing a total return of 91.94%. This impressive growth is attributed to both stock price appreciation and the company's consistent dividend payments. Over the past 10 years, One Liberty Properties has paid approximately $18.48 per share in dividends, which would have amounted to an additional $8,461 in returns for the hypothetical investor.
Despite the current uncertain interest rate and economic environments, One Liberty Properties' CEO, Patrick J. Callan, expressed confidence in the company's disciplined approach, stating that it will continue to serve them well. Wall Street analysts have a consensus "Buy" rating on the stock and a price target of $27, implying a potential upside of over 15% from the current trading price.