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Seven Hills Realty Trust Announces 2024 Dividend Allocations

1. SEVN will distribute $1.40 per share in dividends for 2024. 2. Dividends include ordinary income and qualified dividends for tax reporting. 3. Dividend payments are planned quarterly, starting in February 2024. 4. MREITs like SEVN benefit from income diversification strategies. 5. Affiliated with RMR Group, enhancing its asset management capabilities.

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FAQ

Why Bullish?

The planned dividend provides a steady income stream, potentially attracting investors, as seen with similar MREITs that increased share prices after dividend announcements.

How important is it?

This dividend information is critical for investors focusing on income, impacting share prices positively.

Why Short Term?

Dividend declarations can influence investor decisions quickly, similar to past instances where MREIT announcements positively affected stock price in the immediate term.

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RMR
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.

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