Seven Hills Realty Trust cuts quarterly dividend to $0.28 per share

NEWTON, Mass. - Seven Hills Realty Trust (NASDAQ:SEVN) announced Thursday it has reduced its quarterly cash distribution on common shares to $0.28 per share, down from its previous rate. The new annual distribution rate will be $1.12 per share.For investors seeking deeper insights into dividend sustainability and company valuations, InvestingPro offers comprehensive analysis of over 1,400 US stocks, including detailed dividend coverage metrics.

The distribution will be paid on or about August 14, 2025, to shareholders of record as of the close of business on July 21, 2025.

Tom Lorenzini, President and Chief Investment Officer, said the board’s decision reflects management’s 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."

Lorenzini emphasized that the dividend reduction does not indicate problems with the company’s loan portfolio, stating that "all loans remain fully performing" and the company continues to originate new investments.

The real estate investment trust, which focuses on first mortgage loans secured by middle market transitional commercial real estate, plans to discuss the announcement further during its second quarter 2025 conference call scheduled for Tuesday, July 29, 2025.

Seven Hills Realty Trust is managed by Tremont Realty Capital, an affiliate of The RMR Group (NASDAQ:RMR).

This information is based on a press release statement from the company.

In other recent news, RMR Group Inc. reported its first-quarter 2025 earnings, which fell short of market expectations. The company announced an earnings per share (EPS) of $0.28, missing the anticipated $0.38, and revenue of $166.66 million, which was below the forecasted $218.8 million. Despite this earnings miss, RMR Group maintains a strong cash position with $137 million and no corporate debt. The company also plans to pursue $1 billion in private capital initiatives for 2025. In another development, RMR Group appointed Mary Smendzuik as Senior Vice President and Head of Capital Formation to lead its private capital raising strategy. Smendzuik brings extensive experience in investor relations and capital markets, having previously worked with Torchlight Investors and New York Life Real Estate Investors. CEO Adam Portnoy highlighted the company’s strategic positioning and its plans for growth through acquisitions and private capital. Additionally, RMR Group is targeting $100 million in value-add retail acquisitions over the next six to twelve months.

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