NEWTON, Mass.--(BUSINESS WIRE)--
Seven Hills Realty Trust (Nasdaq: SEVN)
today announced that the characterization of dividends for 2024 income tax reporting is as follows:
SEVN Common Shares
| | | | Dividend Allocation Per Share |
Declaration
Dates | Record
Dates | Paid/Payable
Dates | Dividends
Per Share | Ordinary
Income | Section
199A
Dividend(1)
| Qualified
Dividend(2)
| Total
Capital
Gain | Unrecaptured
Section 1250
Gain(3)
| Return of
Capital |
01/11/24 | 01/22/24 | 02/15/24 | $0.35 | $0.3500 | $0.3500 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
04/11/24 | 04/22/24 | 05/16/24 | $0.35 | $0.3500 | $0.3500 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
07/11/24 | 07/22/24 | 08/15/24 | $0.35 | $0.3500 | $0.3500 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
10/16/24 | 10/28/24 | 11/14/24 | $0.35 | $0.3500 | $0.3500 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
| | TOTALS: | $1.40 | $1.4000 | $1.4000 | $0.0000 | $0.0000 | $0.0000 | $0.0000 |
(1) Section 199A Dividends are a subset of, and included in, the Ordinary Income amount.
(2) Qualified Dividends are a subset of, and included in, the Ordinary Income amount.
(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the Total Capital Gain amount.
SEVN’s common share CUSIP number is 81784E101. This information represents final income allocations.
Shareholders should look to IRS Form 1099-DIV for their tax reporting. This press release is not intended to replace the Form 1099-DIV. For additional information, please see the SEVN website:
https://sevnreit.com/investors/stock-information/default.aspx
About Seven Hills Realty Trust
Seven Hills Realty Trust (Nasdaq: SEVN) is a real estate finance company focused on originating and investing in first mortgage loans secured by middle market transitional commercial real estate. SEVN is managed by
Tremont Realty Capital, an affiliate of
The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with nearly $41 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. For more information about SEVN, please visit
www.sevnreit.com.
A Maryland Real 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.
Source: Seven Hills Realty Trust Seven Hills Realty Trust