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Seven Hills Realty Trust Announces 2024 Dividend Allocations

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Seven Hills Realty Trust (SEVN) has disclosed its dividend allocations for 2024, announcing quarterly dividend payments of $0.35 per share. The dividends will be distributed on February 15, May 16, August 15, and November 14, 2024, totaling $1.40 per share for the year. The company confirmed that 100% of the dividends are classified as Ordinary Income and qualify as Section 199A dividends. There are no allocations to qualified dividends, capital gains, unrecaptured Section 1250 gains, or return of capital.

Seven Hills Realty Trust (SEVN) ha divulgato le sue allocazioni di dividendo per il 2024, annunciando pagamenti di dividendi trimestrali di $0,35 per azione. I dividendi saranno distribuiti il 15 febbraio, il 16 maggio, il 15 agosto e il 14 novembre 2024, per un totale di $1,40 per azione per l'anno. L'azienda ha confermato che il 100% dei dividendi è classificato come Reddito Ordinario e si qualifica come dividendi ai sensi della Sezione 199A. Non ci sono allocazioni a dividendi qualificati, guadagni in conto capitale, guadagni non recuperati ai sensi della Sezione 1250, o restituzione di capitale.

Seven Hills Realty Trust (SEVN) ha divulgado sus asignaciones de dividendos para 2024, anunciando pagos de dividendos trimestrales de $0.35 por acción. Los dividendos se distribuirán el 15 de febrero, el 16 de mayo, el 15 de agosto y el 14 de noviembre de 2024, sumando un total de $1.40 por acción para el año. La empresa confirmó que el 100% de los dividendos se clasifica como Ingresos Ordinarios y califica como dividendos según la Sección 199A. No hay asignaciones a dividendos calificados, ganancias de capital, ganancias no recuperadas de la Sección 1250, ni devolución de capital.

세븐 힐스 리얼티 트러스트 (SEVN)는 2024년 배당금 배정 내용을 공개하며, 분기 배당금 지급액으로 $0.35 주당를 발표했습니다. 배당금은 2024년 2월 15일, 5월 16일, 8월 15일 및 11월 14일에 배포되며, 총 $1.40 주당이 됩니다. 회사는 100%의 배당금이 일반 소득으로 분류되며, 섹션 199A 배당금으로 자격이 있다고 확인했습니다. 자격이 있는 배당금, 자본 이득, 회수되지 않은 섹션 1250 이득 또는 자본 반환에 대한 할당은 없습니다.

Seven Hills Realty Trust (SEVN) a divulgué ses allocations de dividendes pour 2024, annonçant des paiements de dividendes trimestriels de $0,35 par action. Les dividendes seront distribués le 15 février, le 16 mai, le 15 août et le 14 novembre 2024, pour un total de $1,40 par action pour l'année. La société a confirmé que 100 % des dividendes sont classés comme Revenus Ordinaires et sont éligibles en tant que dividendes au sens de la section 199A. Il n'y a aucune allocation à des dividendes qualifiés, des gains en capital, des gains non récupérés conformément à la section 1250, ou au retour de capital.

Seven Hills Realty Trust (SEVN) hat seine Dividendenzuweisungen für 2024 bekannt gegeben und vierteljährliche Dividendenzahlungen von $0,35 pro Aktie angekündigt. Die Dividenden werden am 15. Februar, 16. Mai, 15. August und 14. November 2024 ausgezahlt, was insgesamt $1,40 pro Aktie für das Jahr ergibt. Das Unternehmen bestätigte, dass 100% der Dividenden als ordentliche Einkünfte klassifiziert sind und als Dividenden gemäß Abschnitt 199A qualifizieren. Es gibt keine Zuweisungen an qualifizierte Dividenden, Kapitalgewinne, nicht realisierte Gewinne gemäß Abschnitt 1250 oder Rückzahlungen des Kapitals.

Positive
  • Consistent quarterly dividend payments of $0.35 per share
  • Total annual dividend of $1.40 per share
  • 100% of dividends qualify for Section 199A tax treatment
Negative
  • None.

NEWTON, Mass.--(BUSINESS WIRE)-- Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2024 income tax reporting is as follows:

SEVN Common Shares

Dividend Allocation Per Share

Declaration
Dates

Record
Dates

Paid/Payable
Dates

Dividends
Per Share

Ordinary
Income

Section
199A
Dividend(1)

Qualified
Dividend(2)

Total
Capital
Gain

Unrecaptured
Section 1250
Gain(3)

Return of
Capital

01/11/24

01/22/24

02/15/24

$0.35

$0.3500

$0.3500

$0.0000

$0.0000

$0.0000

$0.0000

04/11/24

04/22/24

05/16/24

$0.35

$0.3500

$0.3500

$0.0000

$0.0000

$0.0000

$0.0000

07/11/24

07/22/24

08/15/24

$0.35

$0.3500

$0.3500

$0.0000

$0.0000

$0.0000

$0.0000

10/16/24

10/28/24

11/14/24

$0.35

$0.3500

$0.3500

$0.0000

$0.0000

$0.0000

$0.0000

 

 

TOTALS:

$1.40

$1.4000

$1.4000

$0.0000

$0.0000

$0.0000

$0.0000

(1) Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
(2) Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.

SEVN’s common share CUSIP number is 81784E101. This information represents final income allocations.

Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information, please see the SEVN website: https://sevnreit.com/investors/stock-information/default.aspx

About Seven Hills Realty Trust

Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by Tremont Realty Capital, an affiliate of The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with nearly $41 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit www.sevnreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Timothy Bonang, Senior Vice President

(617) 231-3223

Source: Seven Hills Realty Trust Seven Hills Realty Trust

FAQ

What is SEVN's dividend payment schedule for 2024?

SEVN will pay quarterly dividends of $0.35 per share on February 15, May 16, August 15, and November 14, 2024.

How much is SEVN's total dividend payout for 2024?

SEVN's total dividend payout for 2024 is $1.40 per share, distributed in four quarterly payments of $0.35 each.

What is the tax classification of SEVN's 2024 dividends?

100% of SEVN's 2024 dividends are classified as Ordinary Income and qualify as Section 199A dividends.

Are any of SEVN's 2024 dividends classified as return of capital?

No, none of SEVN's 2024 dividends are classified as return of capital.

What portion of SEVN's 2024 dividends qualifies for Section 199A treatment?

100% of SEVN's 2024 dividends ($1.40 per share) qualify for Section 199A tax treatment.

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