Service Properties Trust (NASDAQ:SVC) to Issue Quarterly Dividend of $0.01

Service Properties Trust (NASDAQ:SVC) declared a quarterly dividend on Thursday, April 9th. Investors of record on Tuesday, April 21st will be paid a dividend of 0.01 per share by the real estate investment trust on Thursday, May 14th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Tuesday, April 21st.

Service Properties Trust has decreased its dividend by an average of 0.4%per year over the last three years. Service Properties Trust has a dividend payout ratio of -3.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Service Properties Trust to earn $1.14 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 3.5%.

Service Properties Trust Stock Performance

Shares of NASDAQ SVC opened at $1.29 on Friday. Service Properties Trust has a 1 year low of $1.13 and a 1 year high of $3.08. The stock has a market cap of $216.78 million, a P/E ratio of -1.07 and a beta of 1.60. The firm has a 50-day moving average of $1.98 and a 200 day moving average of $2.04. The company has a debt-to-equity ratio of 5.00, a current ratio of 0.14 and a quick ratio of 0.14.

Service Properties Trust (NASDAQ:SVC) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.16. Service Properties Trust had a negative net margin of 11.15% and a negative return on equity of 29.70%. The company had revenue of $397.45 million during the quarter, compared to analysts’ expectations of $394.32 million. Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Service Properties Trust Company Profile

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.