The company's decision to cut its dividend is viewed as a wi...
The company's decision to cut its dividend is viewed as a wise step to boost liquidity and financial flexibility amid future leasing costs, capital expenditures, and debt maturities, says COO Yael Duffy. The office space market suffers from higher vacancies due to the shift towards remote work amid the COVID-19 pandemic.
Office Properties Income Trust's Stock Drops Sharply as It Cuts Dividend Due to Commercial-space Woes
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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