{"id":476777,"date":"2021-04-15T08:03:42","date_gmt":"2021-04-15T12:03:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-announces-quarterly-dividend-on-common-shares\/"},"modified":"2021-04-15T08:03:42","modified_gmt":"2021-04-15T12:03:42","slug":"service-properties-trust-announces-quarterly-dividend-on-common-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-announces-quarterly-dividend-on-common-shares\/","title":{"rendered":"Service Properties Trust Announces Quarterly Dividend on Common Shares"},"content":{"rendered":"

<\/p>\n

Service Properties Trust Announces Quarterly Dividend on Common Shares<\/b><\/p>\n

NEWTON, Mass.–(BUSINESS WIRE<\/a>)–Service Properties Trust (Nasdaq: SVC)<\/a> today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to SVC\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021.\n<\/p>\n

\nService Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC\u2019s properties are operated by third parties pursuant to management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR)<\/a>, an alternative asset management company that is headquartered in Newton, Massachusetts.\n<\/p>\n

WARNING REGARDING FORWARD-LOOKING STATEMENTS<\/b><\/p>\n

\nThis 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\u2019s present 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\u2019s control. For example, this press release states that SVC\u2019s dividend rate will be $0.01\/share per quarter or $0.04\/share per year. A possible implication of this statement is that SVC will continuously pay quarterly dividends of $0.01\/share per quarter or $0.04\/share per year in the future. SVC\u2019s dividend rates are set and reset from time to time by SVC\u2019s Board of Trustees. The SVC Board considers many factors when setting dividend rates including SVC\u2019s historical and projected income, normalized funds from operations, cash available for distribution, the then current and expected needs and availability of cash to pay SVC\u2019s obligations and fund SVC\u2019s investments, distributions which may be required to be paid to maintain SVC\u2019s tax status as a real estate investment trust and other factors deemed relevant by SVC\u2019s Board of Trustees in its discretion. Accordingly, future dividend rates may be increased or decreased and there is no assurance as to the rate at which future dividends will be paid. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release.\n<\/p>\n

\nA Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
\n
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210415005140\/en\/<\/a><\/span><\/p>\n

\nKristin Brown, Director, Investor Relations
\n
(617) 796-8232\n<\/p>\n

KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Service Properties Trust Announces Quarterly Dividend on Common Shares NEWTON, Mass.–(BUSINESS WIRE)–Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to SVC\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021. Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC\u2019s properties are operated by third parties pursuant to management or lease agreements. SVC is managed by the operating subsidiary … <\/p>\n

Continue reading “Service Properties Trust Announces Quarterly Dividend on Common Shares”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476777","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nService Properties Trust Announces Quarterly Dividend on Common Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/service-properties-trust-announces-quarterly-dividend-on-common-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Service Properties Trust Announces Quarterly Dividend on Common Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Service Properties Trust Announces Quarterly Dividend on Common Shares NEWTON, Mass.–(BUSINESS WIRE)–Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to SVC\u2019s common shareholders of record as of the close of business on April 26, 2021 and distributed on or about May 20, 2021. Service Properties Trust is a real estate investment trust which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada. SVC\u2019s properties are operated by third parties pursuant to management or lease agreements. 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