AG真人官方

STOCK TITAN

Service Properties Trust Announces Quarterly Dividend on Common Shares

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

NEWTON, Mass.--(BUSINESS WIRE)-- ) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC鈥檚 common shareholders of record as of the close of business on April 22, 2025 and distributed on or about May 15, 2025.

About Service Properties Trust

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2024, SVC owned 206 hotels with over 35,000 guest rooms throughout the United States and in Puerto Rico and Canada. As of December 31, 2024, SVC also owned 742 retail service-focused net lease properties totaling over 13.2 million square feet throughout United States. SVC is managed by Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $40 billion in assets under management as of December 31, 2024, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. SVC is headquartered in Newton, MA. For more information, visit .

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 SVC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 SVC鈥檚 control.

For example, this press release states that SVC鈥檚 regular quarterly cash distribution rate is $0.01 per share per quarter or $0.04 per share per year. A possible implication of this statement is that SVC will continue to pay quarterly distributions of $0.01 per share per quarter or $0.04 per share per year in the future. SVC鈥檚 distribution rate may be set and reset from time to time by SVC鈥檚 Board of Trustees. SVC鈥檚 Board of Trustees considers many factors when setting or resetting SVC鈥檚 distribution rate, including SVC鈥檚 funds from operations and normalized funds from operations, cash available for distribution, requirements to maintain SVC鈥檚 qualification for taxation as a REIT, the then current and expected needs and availability of cash to pay SVC鈥檚 obligations and fund its investments, limitations in SVC鈥檚 debt agreements, the availability to SVC of debt and equity capital, SVC鈥檚 dividend yield and its dividend yield compared to the dividend yields of other REITs, SVC鈥檚 expectation of its future capital requirements and operating performance, SVC鈥檚 expected needs for and availability of cash to pay its obligations and other factors deemed relevant by SVC鈥檚 Board of Trustees in its discretion. Accordingly, future distributions to SVC鈥檚 shareholders may be increased or decreased and SVC cannot be sure as to the rate at which future distributions will be paid.

You should not place undue reliance upon forward-looking statements.

Except as required by law, SVC 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.

Kevin Barry, Senior Director, Investor Relations

(617) 796-8232

Source: Service Properties Trust

Service Properties Trust

NASDAQ:SVC

SVC Rankings

SVC Latest News

SVC Stock Data

424.92M
153.58M
6.64%
74.7%
4.26%
REIT - Hotel & Motel
AG真人官方 Estate Investment Trusts
United States
NEWTON