Seven Hills Realty Trust (NASDAQ:SEVN) Posts Earnings Results, Misses Expectations By $0.02 EPS

Seven Hills Realty Trust (NASDAQ:SEVN) issued its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02), Zacks reports.

Seven Hills Realty Trust Stock Up 0.5 %

SEVN traded up $0.07 during trading on Tuesday, reaching $13.23. The stock had a trading volume of 62,113 shares, compared to its average volume of 53,055. Seven Hills Realty Trust has a one year low of $11.83 and a one year high of $14.66. The business has a 50-day moving average of $13.07 and a 200-day moving average of $13.32.

Seven Hills Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be paid 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 yield of 10.58%. Seven Hills Realty Trust’s dividend payout ratio 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.