The RMR Group Inc. Announces Quarterly Dividend on Common Shares

Rhea-AI Summary

The RMR Group Inc. (Nasdaq: RMR) announced a quarterly cash dividend of $0.38 per share ($1.52 annually) on its Class A and Class B-1 Common Stock. The dividend will be distributed to shareholders of record as of April 26, 2021, and is expected to be paid on or around May 20, 2021. RMR, a major player in alternative asset management, manages $32 billion in assets and has over 600 professionals in more than 30 offices nationwide. Investors should note that future dividends are subject to the discretion of RMR's Board of Directors based on various financial considerations.

Positive

• Quarterly cash dividend of $0.38 per share, amounting to $1.52 annually.
• Strong asset management with $32 billion in AUM, showcasing company stability.

Negative

• Future dividends are not guaranteed and may vary based on Board decisions.
• Dependence on cash availability for dividend payments may impact future distributions.

The RMR Group Inc. (Nasdaq: RMR) today announced a regular quarterly cash dividend on its shares of Class A Common Stock and Class B-1 Common Stock of $0.38 per share ($1.52 per share per year). This distribution will be paid to RMR’s shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021.

The RMR Group Inc. (Nasdaq: RMR) is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR. RMR is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is buttressed by its more than 600 real estate professionals in over 30 offices nationwide who manage $32 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its client companies. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com.

WARNING REGARDING FORWARD LOOKING STATEMENTS

This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward looking statements are based upon RMR’s present beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond RMR’s control. For example, this press release states that RMR’s quarterly dividend will be $0.38 per share ($1.52/share per year) on RMR Class A Common Stock and Class B-1 Common Stock. A possible implication of this statement is that RMR will continuously pay quarterly dividends of $0.38/share per quarter or $1.52/share per year in the future. RMR’s dividend rates are set and reset from time to time by RMR’s Board of Directors. The RMR Board of Directors considers many factors when setting dividend rates including RMR’s current and expected earnings, commitments to fund its investments and the availability of cash to fund dividends as compared to alternative uses of such cash. Accordingly, future dividend rates may be increased or decreased and there is no assurance as to the rate at which future dividends will be declared and paid. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward looking statements in this press release. Except as required by law, RMR does not intend to update or change any forward looking statements as a result of new information, future events, or otherwise.

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FAQ

What is the dividend amount announced by RMR?

The RMR Group announced a dividend of $0.38 per share.

When will the RMR dividend be paid?

The dividend is set to be paid on or about May 20, 2021.

What should investors know about RMR's future dividends?

Future dividends may vary and are subject to the Board of Directors' decisions based on financial factors.

What date is the record for RMR's dividend payment?

The record date for the dividend payment is April 26, 2021.