One Liberty Properties, Inc. (NYSE: OLP) reported its financial results for the second quarter ended June 30, 2026, on August 6, 2026. The real estate investment trust (REIT) posted funds from operations (FFO) of $0.45 per diluted share, compared to $0.42 per share in the same quarter last year.
Net income attributable to common shareholders was $8.2 million, or $0.38 per diluted share, up from $7.5 million, or $0.35 per share, in the prior-year period. The company attributed the increase to higher rental revenue and lower interest expenses.
Total revenues for the quarter were $23.1 million, an increase of 4% year-over-year. The company's portfolio occupancy remained stable at 93.5% as of June 30, 2026.
One Liberty Properties reaffirmed its full-year 2026 FFO guidance of $1.80 to $1.85 per diluted share. The company also declared a quarterly dividend of $0.22 per share, payable on October 5, 2026, to shareholders of record as of September 15, 2026.
Management noted that they continue to focus on acquiring and managing net-leased commercial properties across the United States.
