Seven Hills Realty Trust (NASDAQ:SEVN) Posts Quarterly Earnings Results, Misses Estimates By $0.02 EPS

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

Seven Hills Realty Trust Stock Up 0.5 %

Shares of NASDAQ:SEVN opened at $13.23 on Wednesday. The business’s 50-day moving average is $13.07 and its 200 day moving average is $13.32. Seven Hills Realty Trust has a 1 year low of $11.83 and a 1 year high of $14.66.

Seven Hills Realty Trust Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 10.58%. The ex-dividend date is Monday, January 27th. Seven Hills Realty Trust’s dividend payout ratio is currently 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.