Seven Hills Realty Trust Announces Quarterly Dividend on Common Shares
11 Luglio 2024 - 2:00PM
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 July 22, 2024 and distributed on or about August 15,
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240710380455/en/
Stephen Colbert, Director, Investor Relations (617) 796-8253
Grafico Azioni Seven Hills Realty (NASDAQ:SEVN)
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Grafico Azioni Seven Hills Realty (NASDAQ:SEVN)
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Da Gen 2024 a Gen 2025