E Daily Stock Pick: One Liberty Properties

I'm now looking for a second real estate sector representative for my new Ivy portfolio.

That real estate sector includes nine industries all related to real property ownership. Like: general real estate; Real Estate services; and seven varieties of real estate investment trusts, or REITs.

Today I'm reviewing a small-cap diversified REIT, named One Liberty Properties Inc. Its trading ticker symbol is OLP.

One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns and manages a geographically diversified portfolio of retail, industrial, flex, health and fitness, and other properties.

Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance, and ordinary maintenance and repairs. Many of these properties are subject to long term net leases under which the tenant is typically responsible for the property's real estate taxes, insurance, and ordinary maintenance and repairs.

The company was incorporated in Maryland in 1982 and is headquartered in Great Neck, New York.

I use three key data points to gauge the value of any dividend equity like One Liberty Properties Inc :

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

OLP Price

One Liberty's price per share closed at $25.96 yesterday. A year ago its price was $25.85. So price rose $0.11 per share last year, or 0.425%.

Assuming One Liberty's stock trades in the range of $20 to $30 next year, One Liberty's recent $25.96 price could move up by $1.04 and grow to $27.00 by early-January, 2020.

OLP Dividends

One Liberty's most recent quarterly dividend was $0.45 declared December 6th and paid January 4th.

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