Seven Hills Realty Trust (SEVN) To Go Ex-Dividend on January 27th

Seven Hills Realty Trust (NASDAQ:SEVN) declared a quarterly dividend on Thursday, January 16th,RTT News reports. Shareholders of record on Monday, January 27th will be given a dividend of 0.35 per share on Thursday, February 20th. This represents a $1.40 annualized dividend and a yield of 10.56%. The ex-dividend date is Monday, January 27th.

Seven Hills Realty Trust has increased its dividend by an average of 58.1% per year over the last three years. Seven Hills Realty Trust has a dividend payout ratio of 94.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

Seven Hills Realty Trust Price Performance

NASDAQ:SEVN opened at $13.26 on Friday. The business’s fifty day moving average price is $13.03 and its 200 day moving average price is $13.34. Seven Hills Realty Trust has a 12 month low of $11.23 and a 12 month high of $14.66.

Seven Hills Realty Trust (NASDAQ:SEVN) last issued its earnings results on Monday, October 28th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.06. The company had revenue of $8.86 million during the quarter, compared to analyst estimates of $9.80 million. During the same quarter in the previous year, the company posted $0.36 EPS.

Seven Hills Realty Trust Company Profile

Seven Hills Realty Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.