Seven Hills AG真人官方ty Trust Reduces Quarterly Distribution to $0.28 Per Share
New Rate Reflects Expected Lower Net Interest Margins on New Investments and a Declining SOFR Curve
, President and Chief Investment Officer of SEVN, made the following statement:
鈥淭he Board鈥檚 decision to reduce the dividend rate at this time reflects management鈥檚 expectation that loan repayment proceeds will be redeployed at lower net interest margins and a declining SOFR curve, which would reduce our distributable earnings over the balance of the year. We believe the reduced rate better aligns with our anticipated earnings while continuing to deliver an attractive yield for our shareholders. This decision does not reflect any deterioration in our loan portfolio. All loans remain fully performing, and we continue to actively originate new investments supported by a robust pipeline.鈥�
SEVN鈥檚 management plans to discuss today鈥檚 announcement further during its second quarter 2025 conference call scheduled for Tuesday, July 29, 2025.
About Seven Hills AG真人官方ty Trust
Seven Hills AG真人官方ty Trust (Nasdaq: SEVN) is a real estate investment trust, or REIT, that originates and invests in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by , an affiliate of Group (Nasdaq: RMR), a leading
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements are based upon SEVN鈥檚 present intent, beliefs and expectations, but these statements and the implications of these statements are not guaranteed to occur and may not occur for various reasons, some of which are beyond SEVN鈥檚 control.
These forward-looking statements include, among others, statements regarding SEVN鈥檚 new quarterly cash distribution rate, which may imply that SEVN will continue to pay quarterly distributions at that rate in the future, and statements regarding the quality of SEVN鈥檚 loan portfolio and its origination of new investments. SEVN鈥檚 distribution rate may be set and reset from time to time by SEVN鈥檚 Board of Trustees. SEVN鈥檚 Board of Trustees considers many factors when setting or resetting SEVN鈥檚 distribution rate, including SEVN鈥檚 Distributable Earnings, Distributable Earnings per share, the then current and expected needs and availability of cash to pay SEVN's obligations and fund its investments, distributions which may be required to be paid by SEVN to maintain SEVN鈥檚 qualification for taxation as a real estate investment trust and other factors deemed relevant by SEVN's Board of Trustees in its discretion. Accordingly, any future distributions to SEVN鈥檚 shareholders may be increased, decreased, suspended or discontinued, and SEVN cannot be sure as to the rate at which future distributions, if any, will be paid. Further, the quality of SEVN鈥檚 loan portfolio could decline and SEVN may not be able to originate new investments on attractive terms or at all.
The information contained in SEVN鈥檚 filings with the Securities and Exchange Commission, or SEC, including under the caption 鈥淩isk Factors鈥� in SEVN鈥檚 periodic reports, or incorporated therein, identifies other important factors that could cause differences from SEVN鈥檚 forward-looking statements. SEVN鈥檚 filings with the SEC are available on the SEC鈥檚 website at .
You should not place undue reliance upon forward-looking statements.
Except as required by law, SEVN does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
A Maryland AG真人官方 Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
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Matt Murphy, Manager, Investor Relations
(617) 796-8253
Source: Seven Hills AG真人官方ty Trust
