One Liberty Properties, Inc - OLP

One Liberty Properties, Inc., stock ticker OLP, is another great investment for your Roth IRA stock portfolio. Paying a high dividend of 33 cents per share, which is a dividend yield of 6.9%. OLP is trading near book value with high insider ownership. OLP is a self-administered and self-managed real estate investment trust, otherwise know as a REIT. They acquire, own and manage a portfolio of retail, which includes furniture and office supply stores. They own industrial, office, flex, health and fitness and other properties, a substantial portion of which are under long-term leases.
OLP owns 84 properties and have participated in four joint ventures that own four properties. Their properties are located in 29 states and has an aggregate of approximately 5.1 million square feet of space! This space includes approximately 106,000 square feet of space at the property in which OLP owns a tenancy in common interest and approximately 1.1 million square feet of space at properties owned by the joint ventures in which it participates.
Taking a macro view of the national real-estate market it appears to have bottomed out and OLP is on the rise. Heading back to the level it was before the real-estate market scare pushed the price down. OLP's financials are healthy and they are in a perfect position as the economy recovers.
OLP has acquired their portfolio of properties by balancing fundamental real estate analysis with tenant credit evaluation. Their analysis focuses on the value of a property, determined primarily by its location, use, and by local demographics. They evaluate a tenant’s financial ability to meet operational needs and lease obligations and believe that their emphasis on property value enables them to achieve better returns on their acquired properties and also enhances their ability to re-rent or dispose of a property on favorable terms upon the expiration or early termination of a lease. Additionally, they believe that the weighting of these factors in their analysis enables them to achieve attractive current returns with potential growth through contractual rent increases and property appreciation.
OLP is here to stay. Some of the best stores in the world lease their buildings. For example, LA Fitness, Petsmart, Best Buy, Best Bath & Beyond, KOHL's, Wendy's, Office Depot and FedEx, to name a few!. Click here for a complete listing. Also, click here to meet the OLP Investment team.
I think OLP is great because of their safe quarterly dividend, their property diversification, and consistent financial performance. Give OLP a try and reinvest your dividend payment for the rest of your life!
Need some more proof that OLP is on the rise, well check out their chart below and video.