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

Seven Hills Realty Trust (NASDAQ:SEVN) released its earnings results 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 Stock Performance

Shares of SEVN traded up $0.07 during mid-day trading on Tuesday, hitting $13.23. The stock had a trading volume of 62,113 shares, compared to its average volume of 53,055. Seven Hills Realty Trust has a 52 week low of $11.83 and a 52 week high of $14.66. The business has a fifty day moving average price of $13.07 and a 200-day moving average price of $13.32.

Seven Hills Realty Trust Dividend Announcement

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

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.