The RMR Group Inc. Announces Quarterly Dividend on Common Shares

Rhea-AI Summary

The RMR Group Inc. (Nasdaq: RMR) has announced a quarterly cash dividend of $0.38 per share ($1.52 annually) for its Class A Common Stock and Class B-1 Common Stock. This dividend will be paid to shareholders recorded by the close of business on July 26, 2021, with distribution occurring around August 19, 2021. RMR, a leader in alternative asset management focusing on commercial real estate, manages approximately $32 billion in assets with over 600 professionals across more than 30 offices.

Positive

• Regular quarterly dividend of $0.38 per share ($1.52 per year) enhances shareholder income.
• Strong asset management capabilities with $32 billion managed.
• Diverse strategies and an experienced team could support future growth.

Negative

• Future dividend payments are not guaranteed and depend on the Board's discretion.
• Potential for reduced dividends if earnings or cash availability declines.

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 July 26, 2021 and distributed on or about August 19, 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 supported by its more than 600 real estate professionals in over 30 offices nationwide who manage approximately $32 billion in assets under management and leverage 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 clients. 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?

RMR has announced a quarterly cash dividend of $0.38 per share, equating to $1.52 per share annually.

When will RMR's dividend be paid?

The dividend will be paid on or about August 19, 2021, to shareholders of record as of July 26, 2021.

Is RMR's dividend sustainable?

While RMR has announced a dividend, future payments depend on various factors, including earnings and cash availability.

What factors influence RMR's dividend decisions?

The RMR Board of Directors considers current and expected earnings, investment commitments, and cash availability when setting dividend rates.