Service Properties Trust declared a $0.01 quarterly dividend, in line with previous. The forward yield is 1.49%. The dividend is payable on August 14 for shareholders of record on July 21, with an ex-dividend date of July 21.
Service Properties Trust (SVC), a real estate investment trust (REIT) listed on the Nasdaq, has announced a quarterly cash distribution of $0.01 per share, payable on August 14, 2025. This dividend is in line with the previous quarterly distribution rate of $0.01 per share and will be distributed to shareholders of record as of July 21, 2025 [1].
As of March 31, 2025, SVC owned 202 hotels with over 35,000 guest rooms across the United States, Puerto Rico, and Canada, and 739 service-focused retail net lease properties with over 13.1 million square feet throughout the United States. The REIT is managed by The RMR Group, a leading U.S. alternative asset management company with approximately $40 billion in assets under management [1].
The forward yield for SVC is 1.49%, making it a relatively attractive option for income-oriented investors. The dividend is payable on August 14 for shareholders of record on July 21, with an ex-dividend date of July 21 [3].
Investors should note that SVC's distribution rate may be adjusted by the Board of Trustees based on various factors, including funds from operations, cash availability, debt agreements, and capital requirements. Therefore, future distributions may be increased or decreased [1].
References:
[1] https://www.morningstar.com/news/business-wire/20250709037820/service-properties-trust-announces-quarterly-dividend-on-common-shares
[3] https://seekingalpha.com/news/4466454-service-properties-trust-declares-0_01-dividend
Comments
No comments yet