The RMR Group Inc. Announces Fourth Quarter Fiscal 2024 Financial Results

The RMR Group Inc. (Nasdaq: RMR) has declared a quarterly dividend on its Class A Common Stock and Class B-1 Common Stock of $0.45 per share. The dividend will be paid to shareholders of record as of October 28, 2024, on or about November 14, 2024.

A conference call to discuss RMR’s fiscal fourth quarter results will be held on Tuesday, November 12, 2024, at 10:00 a.m. Eastern Time. The call can be accessed by dialing (844) 481-2945 or (412) 317-1868 for calls outside the U.S. and Canada. A replay will be available for one week by dialing (877) 344-7529, with the replay pass code 4257057. Additionally, a live audio webcast of the call will be available on RMR’s website at www.rmrgroup.com, and an archived webcast will be accessible on the website following the call.

The RMR Group, headquartered in Newton, MA, is a leading U.S. alternative asset management company, specializing in commercial real estate and related businesses. With over 1,000 real estate professionals in more than 35 offices managing nearly $41 billion in assets, RMR leverages over 35 years of institutional experience in CRE operations. Adam Portnoy, President and Chief Executive Officer of RMR, expressed satisfaction with the results, highlighting stable revenues, a robust balance sheet with no corporate debt, and substantial cash reserves of over $140 million.

The presentation also includes forward-looking statements outlining RMR’s strategies and expectations. These statements are subject to risks and uncertainties, emphasizing factors that could lead to actual results differing from anticipated future results.

Furthermore, RMR announced that it has not authorized the reproduction, recording, or retransmission of the contents of the call without prior written consent from the company. For further details on RMR’s financial results and strategies, visit their website at www.rmrgroup.com.

For additional investor information, please contact Kevin Barry, Senior Director of Investor Relations, at (617) 796-8230.

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This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read The RMR Group’s 8K filing here.

About The RMR Group

The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.