Seven Hills Realty Trust (NASDAQ:SEVN) Issues Earnings Results

Seven Hills Realty Trust (NASDAQ:SEVN) announced its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02), Zacks reports.

Seven Hills Realty Trust Price Performance

Shares of NASDAQ:SEVN opened at $13.23 on Wednesday. The business has a 50-day moving average price of $13.07 and a 200 day moving average price of $13.32. Seven Hills Realty Trust has a 12-month low of $11.83 and a 12-month high of $14.66.

Seven Hills Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.58%. The ex-dividend date of this dividend is Monday, January 27th. Seven Hills Realty Trust’s payout ratio is 71.98%.

About Seven Hills Realty Trust

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.