Service Properties Trust is a real estate investment trust, or REIT, 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 with 149 distinct brands across 23 industries. SVC's properties are primarily operated under long-term management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), or RMR Inc., an alternative asset management company that is headquartered in Newton, Massachusetts.
Service Properties Trust Dividend Announcement
• Service Properties Trust announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-10-28
• Service Properties Trust annual dividend for 2024 was $0.61
• Service Properties Trust annual dividend for 2023 was $0.80
• Service Properties Trust's trailing twelve-month (TTM) dividend yield is 20.46%
• Service Properties Trust's payout ratio for the trailing twelve months (TTM) is -66.38%
• Service Properties Trust's dividend growth over the last five years (2018-2023) was -17.63% year
• Service Properties Trust's dividend growth over the last ten years (2013-2023) was -8.24% year
Service Properties Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-28 | $0.01 | quarterly | 2024-11-14 |
2024-07-22 | $0.20 | quarterly | 2024-08-15 |
2024-04-19 | $0.20 | quarterly | 2024-05-16 |
2024-01-19 | $0.20 | quarterly | 2024-02-15 |
2023-10-20 | $0.20 | quarterly | 2023-11-16 |
2023-07-21 | $0.20 | quarterly | 2023-08-17 |
2023-04-21 | $0.20 | quarterly | 2023-05-18 |
2023-01-20 | $0.20 | quarterly | 2023-02-16 |
2022-10-21 | $0.20 | quarterly | 2022-11-17 |
2022-07-22 | $0.01 | quarterly | 2022-08-18 |
2022-04-22 | $0.01 | quarterly | 2022-05-19 |
2022-01-21 | $0.01 | quarterly | 2022-02-17 |
2021-10-22 | $0.01 | quarterly | 2021-11-18 |
2021-07-23 | $0.01 | quarterly | 2021-08-19 |
2021-04-23 | $0.01 | quarterly | 2021-05-20 |
2021-01-22 | $0.01 | quarterly | 2021-02-18 |
2020-10-23 | $0.01 | quarterly | 2020-11-19 |
2020-07-24 | $0.01 | quarterly | 2020-08-20 |
2020-04-20 | $0.01 | quarterly | 2020-05-21 |
2020-01-24 | $0.54 | quarterly | 2020-02-20 |
2019-10-25 | $0.54 | quarterly | 2019-11-14 |
2019-07-26 | $0.54 | quarterly | 2019-08-15 |
2019-04-26 | $0.54 | quarterly | 2019-05-16 |
2019-01-25 | $0.53 | quarterly | 2019-02-21 |
2018-10-26 | $0.53 | quarterly | 2018-11-15 |
2018-07-27 | $0.53 | quarterly | 2018-08-16 |
2018-04-27 | $0.53 | quarterly | 2018-05-17 |
2018-01-26 | $0.52 | quarterly | 2018-02-22 |
2017-10-20 | $0.52 | quarterly | 2017-11-16 |
2017-07-20 | $0.52 | quarterly | 2017-08-17 |
2017-04-19 | $0.52 | quarterly | 2017-05-18 |
2017-01-19 | $0.51 | quarterly | 2017-02-21 |
2016-10-19 | $0.51 | quarterly | 2016-11-17 |
2016-07-20 | $0.51 | quarterly | 2016-08-18 |
2016-04-21 | $0.51 | quarterly | 2016-05-19 |
2016-01-20 | $0.50 | quarterly | 2016-02-23 |
2015-10-21 | $0.50 | quarterly | 2015-11-19 |
2015-07-22 | $0.50 | quarterly | 2015-08-20 |
2015-04-22 | $0.50 | quarterly | 2015-05-21 |
2015-01-21 | $0.49 | quarterly | 2015-02-24 |
2014-10-22 | $0.49 | quarterly | 2014-11-21 |
2014-07-23 | $0.49 | quarterly | 2014-08-22 |
2014-04-23 | $0.49 | quarterly | 2014-05-21 |
2014-01-09 | $0.48 | quarterly | 2014-02-21 |
2013-10-23 | $0.48 | quarterly | 2013-11-22 |
2013-07-24 | $0.47 | quarterly | 2013-08-23 |
2013-04-24 | $0.47 | quarterly | 2013-05-24 |
2013-01-29 | $0.47 | quarterly | 2013-02-22 |
Service Properties Trust Dividend per year
Service Properties Trust Dividend growth
Service Properties Trust Dividend Yield
Service Properties Trust current trailing twelve-month (TTM) dividend yield is 20.46%. Interested in purchasing Service Properties Trust stock? Use our calculator to estimate your expected dividend yield:
Service Properties Trust Financial Ratios
Service Properties Trust Dividend FAQ
Other factors to consider when evaluating Service Properties Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Service Properties Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Service Properties Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Service Properties Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Service Properties Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Service Properties Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Service Properties Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Service Properties Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Service Properties Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Service Properties Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.