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

Seven Hills Realty Trust (NASDAQ:SEVN) posted 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 Trading Up 0.5 %

Shares of SEVN stock traded up $0.07 on Tuesday, reaching $13.23. The company’s stock had a trading volume of 62,113 shares, compared to its average volume of 53,055. Seven Hills Realty Trust has a 12-month low of $11.83 and a 12-month high of $14.66. The stock’s 50 day simple moving average is $13.07 and its 200-day simple moving average is $13.32.

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 $0.35 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 10.58%. Seven Hills Realty Trust’s dividend payout ratio (DPR) is presently 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.