Seven Hills Realty Trust Announces 2023 Dividend Allocations

Rhea-AI Summary

Seven Hills Realty Trust (Nasdaq: SEVN) has announced the dividend allocation for 2023 income tax reporting. The total dividend per share is $1.40, with $1.4000 in Ordinary Income and $0.0000 in Qualified Capital Gain. Shareholders are advised to refer to IRS Form 1099-DIV for tax reporting.

NEWTON, Mass.--(BUSINESS WIRE)-- Seven Hills Realty Trust (Nasdaq: SEVN) today announced that the characterization of dividends for 2023 income tax reporting is as follows:

SEVN Common Shares

				Dividend Allocation Per Share
					Section		Total	Unrecaptured
Declaration	Record	Paid/Payable	Dividends	Ordinary	199A	Qualified	Capital	Section 1250	Return of
Dates	Dates	Dates	Per Share	Income	Dividend(1)	Dividend(2)	Gain	Gain(3)	Capital
01/12/23	01/23/23	02/16/23	$0.35	$0.3500	$0.3500	$0.0000	$0.0000	$0.0000	$0.0000
04/13/23	04/24/23	05/18/23	$0.35	$0.3500	$0.3500	$0.0000	$0.0000	$0.0000	$0.0000
07/13/23	07/24/23	08/17/23	$0.35	$0.3500	$0.3500	$0.0000	$0.0000	$0.0000	$0.0000
10/12/23	10/23/23	11/16/23	$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 investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market and 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 approximately $36 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.}

View source version on businesswire.com: https://www.businesswire.com/news/home/20240116793766/en/

Kevin Barry, Senior Director, Investor Relations

(617) 796-8253

Source: Seven Hills Realty Trust

FAQ

What is the dividend allocation per share for Seven Hills Realty Trust (SEVN) for 2023 income tax reporting?

The dividend allocation per share for Seven Hills Realty Trust for 2023 income tax reporting is $1.40, with $1.4000 in Ordinary Income and $0.0000 in Qualified Capital Gain.

Where can shareholders find additional information about the dividend allocation for Seven Hills Realty Trust (SEVN)?

Shareholders can find additional information about the dividend allocation for Seven Hills Realty Trust on the SEVN website: https://sevnreit.com/investors/stock-information/default.aspx

What should shareholders refer to for tax reporting regarding the dividend allocation for Seven Hills Realty Trust (SEVN)?

Shareholders should refer to IRS Form 1099-DIV for tax reporting regarding the dividend allocation for Seven Hills Realty Trust.

What is the CUSIP number for Seven Hills Realty Trust (SEVN)?

The common share CUSIP number for Seven Hills Realty Trust is 81784E101.