REITResearch

One Liberty Properties, Inc. OLP

Listed / Traded Diversified NYSE Mgmt:

One Liberty Properties, Inc. (OLP) is a Real Estate Investment Trust (REIT) established in Maryland in 1982, operating independently with its own management and administration. Its core business involves the acquisition, ownership, and oversight of a varied collection of properties across different locations. This portfolio predominantly includes industrial, retail, dining establishments, fitness centers, and entertainment venues. A significant portion of these assets are leased out through long-term net agreements, where lessees typically bear the costs for property taxes, insurance premiums, and regular upkeep and repairs.

Snapshot

Price
$23.87
Market cap
$520.83M
Enterprise value
$1.08B
Dividend yieldi
7.54%
Annual dividendi
$1.80
Frequency
Quarterly
FFO / sharei
$0.50 · Q1 2026
AFFO / sharei
$0.48 · Q1 2026
Net debt / EBITDAi
7.33x · GAAP est.
Op. cash flow / sharei
$1.79
Price / OCFi
13.30
Payout (% of OCF)i
100.32%
Debt / book capitali
66.02%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-06-01) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-252026-06-252026-07-09 2026-06-09$0.45Quarterly
2026-03-272026-03-272026-04-06 2026-03-05$0.45Quarterly
2025-12-222025-12-222026-01-06 2025-12-09$0.45Quarterly
2025-09-242025-09-242025-10-06 2025-09-10$0.45Quarterly
2025-06-252025-06-252025-07-09 2025-06-05$0.45Quarterly
2025-03-272025-03-272025-04-04 2025-03-05$0.45Quarterly
2024-12-232024-12-232025-01-06 2024-12-12$0.45Quarterly
2024-09-242024-09-242024-10-02 2024-09-11$0.45Quarterly
2024-06-252024-06-252024-07-09 2024-06-10$0.45Quarterly
2024-03-262024-03-272024-04-04 2024-03-04$0.45Quarterly
2023-12-192023-12-202024-01-05 2023-12-05$0.45Quarterly
2023-10-022023-10-032023-10-11 2023-09-20$0.45Quarterly
2023-06-232023-06-262023-07-06 2023-06-13$0.45Quarterly
2023-03-242023-03-272023-04-04 2023-03-13$0.45Quarterly
2022-12-192022-12-202023-01-05 2022-12-07$0.45Quarterly
2022-09-262022-09-272022-10-07 2022-09-15$0.45Quarterly
2022-06-172022-06-212022-07-06 2022-06-09$0.45Quarterly
2022-03-232022-03-242022-04-07 2022-03-10$0.45Quarterly
2021-12-172021-12-202022-01-05 2021-12-09$0.45Quarterly
2021-09-242021-09-272021-10-07 2021-09-14$0.45Quarterly
2021-06-242021-06-252021-07-09 2021-06-10$0.45Quarterly
2021-03-232021-03-242021-04-07 2021-03-12$0.45Quarterly
2020-12-162020-12-172021-01-07 2020-12-02$0.45Quarterly
2020-09-182020-09-212020-10-29 2020-09-09$0.45Quarterly

Coverage (payout of operating cash flow): 100.32%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$530.29M
Cash
$14.43M
Net debt / EBITDAi
7.33x
Debt / book capitali
66.02%
Total assets
$857.57M
Total equity
$299.60M

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $97.23M $25.47M $27.20M $78.11M $37.52M
2024 $90.56M $30.42M $24.29M $74.55M $39.06M
2023 $90.65M $29.61M $24.79M $73.49M $53.20M
2022 $92.22M $42.18M $23.78M $83.60M $44.20M
2021 $82.74M $38.86M $22.83M $79.81M $48.66M
2020 $81.93M $27.41M $17.57M $48.93M $35.44M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.