Symbol: NLOP
CIK: 0
Exchange: NYSE
HQ: United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Office
REITRating™ Score: 2.3
See NLOP on Yahoo Finance
See NLOP on SEC.gov
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 45 high-quality office properties, totaling approximately 6.5 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 48 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $98 million. NLOP’s business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC’s extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.
Sample of REIT’s Properties. Image Source - REIT’s website
Below are the most recent cash dividends paid by NLOP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| NLOP | 2026-03-30 | 3.300 | -51.11% | 2026-03-19 | 2026-03-30 | 2026-04-14 |
| NLOP | 2026-02-18 | 6.750 | 32.35% | 2026-01-20 | 2026-01-30 | 2026-02-17 |
| NLOP | 2026-01-02 | 5.100 | 24.39% | 2025-12-22 | 2026-01-02 | 2026-01-20 |
| NLOP | 2025-12-04 | 4.100 | 32.26% | 2025-11-24 | 2025-12-04 | 2025-12-19 |
| NLOP | 2025-08-18 | 3.100 | 811.76% | 2025-08-06 | 2025-08-18 | 2025-09-03 |
| NLOP | 2023-12-15 | 0.340 | --- | 2023-12-08 | 2023-12-18 | 2024-01-29 |
Compare with other REITs | See the complete trend
| Rating | Dividend Section | Avg. Rating |
|---|---|---|
| 3 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 8.0 |
| Dividend to EPS Payout Ratio Health: Analysis of the REIT’s Dividend to EPS Payout Ratios during the last four quarters. | 0.0 | |
| Dividend to EPS Payout Ratio Trend: Analysis of the REIT’s Dividend to EPS Payout Ratios trend during the last two years. | 0.0 | |
| EPS Trend: Analysis of the REIT’s EPS trend during the last two years. | 0.0 | |
| Dividend to Payout Ratio Health: Analysis of the REIT’s Dividend to Payout Ratios during the last four quarters. | 8.5 | |
| Dividend to Payout Ratio Trend: Analysis of the REIT’s Dividend to Payout Ratios trend during the last two years. | 7.6 | |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| Trend: Analysis of the REIT’s trend during the last two years. | 8.6 |