earnings
confidence low
sentiment positive
materiality 0.50
SEVN Q3 2023 earnings: distributable earnings increased, dividend covered, credit strong
Seven Hills Realty Trust
2023-Q3 EPS reported
$1.35
revenue$28,235,000
- Distributable earnings increased and more than fully covered the quarterly dividend of $0.35 per share.
- All loans current on debt service; weighted average risk rating below 3.
- Closed two new loans during Q3 and one loan after quarter end.
- Quarterly dividend of $0.35 declared on Oct 12, payable Nov 16 to holders of record Oct 23.