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Seven Hills Realty Trust Announces Quarterly Dividend on Common Shares

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Seven Hills Realty Trust (Nasdaq: SEVN) has declared a regular quarterly cash distribution of $0.35 per common share, which equates to an annual distribution of $1.40 per share. This dividend will be paid to shareholders of record as of the close of business on October 28, 2024, with the distribution expected to be made on or about November 14, 2024. This announcement demonstrates SEVN's commitment to providing regular returns to its shareholders through dividend payments.

Seven Hills Realty Trust (Nasdaq: SEVN) ha dichiarato una distribuzione di cassa trimestrale regolare di $0,35 per azione comune, che equivale a una distribuzione annuale di $1,40 per azione. Questo dividendo sarà pagato agli azionisti registrati alla chiusura degli affari del 28 ottobre 2024, con la distribuzione prevista per essere effettuata intorno al 14 novembre 2024. Questo annuncio dimostra l'impegno di SEVN a fornire ritorni regolari ai suoi azionisti tramite pagamenti di dividendo.

Seven Hills Realty Trust (Nasdaq: SEVN) ha declarado una distribución de efectivo trimestral regular de $0.35 por acción común, lo que equivale a una distribución anual de $1.40 por acción. Este dividendo se pagará a los accionistas registrados al cierre de operaciones del 28 de octubre de 2024, con una distribución que se espera realizar alrededor del 14 de noviembre de 2024. Este anuncio demuestra el compromiso de SEVN de proporcionar retornos regulares a sus accionistas a través de pagos de dividendos.

세븐 힐스 리얼티 트러스트 (Nasdaq: SEVN)주당 $0.35의 정기 분기 현금 배당금을 선언하였으며, 이는 주당 연간 $1.40의 배당금에 해당합니다. 이 배당금은 2024년 10월 28일 영업 종료 시점의 주주들에게 지급될 예정이며, 분배는 2024년 11월 14일경 이루어질 것으로 예상됩니다. 이 발표는 SEVN이 배당금을 통해 주주에게 정기적으로 수익을 제공하겠다는 의지를 보여줍니다.

Seven Hills Realty Trust (Nasdaq: SEVN) a annoncé une distribution de trésorerie trimestrielle régulière de 0,35 $ par action ordinaire, ce qui équivaut à une distribution annuelle de 1,40 $ par action. Ce dividende sera payé aux actionnaires enregistrés à la clôture des affaires du 28 octobre 2024, avec une distribution prévue aux alentours du 14 novembre 2024. Cet annonce démontre l'engagement de SEVN à fournir des retours réguliers à ses actionnaires par le biais de paiements de dividendes.

Seven Hills Realty Trust (Nasdaq: SEVN) hat eine regelmäßige vierteljährliche Barausschüttung von 0,35 $ pro Stammaktie erklärt, was einer jährlichen Ausschüttung von 1,40 $ pro Aktie entspricht. Diese Dividende wird an die Aktionäre ausgezahlt, die am 28. Oktober 2024 zum Geschäftsschluss im Aktienregister stehen, wobei die Ausschüttung voraussichtlich um den 14. November 2024 erfolgen wird. Diese Ankündigung zeigt SEVNs Engagement, seinen Aktionären durch Dividendenzahlungen regelmäßige Erträge zu bieten.

Positive
  • Consistent quarterly dividend payment of $0.35 per share
  • Annualized dividend yield of $1.40 per share
  • Maintaining shareholder value through regular cash distributions
Negative
  • None.

NEWTON, Mass.--(BUSINESS WIRE)-- Seven Hills Realty Trust (Nasdaq: SEVN) today announced a regular cash distribution on its common shares of $0.35 per share ($1.40 per share per year). The distribution declared today will be paid to SEVN’s common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024.

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 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 over $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.

WARNING CONCERNING 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 SEVN’s present intent, 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 SEVN’s control.

For example, this press release states that SEVN’s quarterly cash distribution rate is $0.35 per share per quarter or $1.40 per share per year. A possible implication of this statement is that SEVN will continue to pay quarterly distributions of $0.35 per share or $1.40 per share per year in the future. SEVN’s Board of Trustees considers many factors when setting or resetting SEVN’s distribution rate, including SEVN’s historical and projected income, Distributable Earnings, Distributable Earnings per share, the then current and expected needs and availability of cash to pay SEVN's obligations and fund its investments, distributions which may be required to be paid by SEVN to maintain SEVN’s qualification for taxation as a real estate investment trust and other factors deemed relevant by SEVN's Board of Trustees in its discretion. Accordingly, any future distributions to SEVN’s shareholders may be increased, decreased, suspended or discontinued, and SEVN cannot be sure as to the rate at which future distributions, if any, will be paid.

You should not place undue reliance upon forward-looking statements.

Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.

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) 796-8253

Source: Seven Hills Realty Trust

FAQ

What is the dividend amount announced by Seven Hills Realty Trust (SEVN) for Q4 2024?

Seven Hills Realty Trust (SEVN) has announced a quarterly dividend of $0.35 per common share for Q4 2024.

When is the ex-dividend date for SEVN's Q4 2024 dividend?

The press release does not specify the ex-dividend date. Typically, it's a few days before the record date, which is October 28, 2024.

What is the annual dividend yield for Seven Hills Realty Trust (SEVN) based on the recent announcement?

Based on the announced quarterly dividend of $0.35 per share, the annual dividend yield for SEVN is $1.40 per share.

When will SEVN pay out its Q4 2024 dividend?

Seven Hills Realty Trust (SEVN) will distribute the dividend on or about November 14, 2024.

Seven Hills Realty Trust

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