Seven Hills Realty Trust Announces 2023 Dividend Allocations
Seven Hills Realty Trust (Nasdaq: SEVN) has released the dividend allocations for the 2023 tax year, outlining the different categories of dividends for income tax reporting purposes. SEVN’s common share CUSIP number is 81784E101.
The dividend allocations are as follows: Section 199A Dividends and Qualified Dividends are subsets of the Ordinary Income amount, while Unrecaptured Section 1250 Gain is a subset of the Total Capital Gain amount. These allocations have been deemed final.
It is important for shareholders to refer to IRS Form 1099-DIV for their tax reporting requirements. The company emphasizes that this press release is not meant to substitute the official form. Shareholders seeking additional information can visit SEVN’s website at https://sevnreit.com/investors/stock-information/default.aspx.
Seven Hills Realty Trust is a real estate investment trust (REIT) that focuses on origination and investment in first mortgage loans secured by middle market and transitional commercial real estate. It is managed by Tremont Realty Capital, an affiliate of The RMR Group, a prominent U.S. alternative asset management company. With over 35 years of institutional experience in the commercial real estate industry and approximately $36 billion in assets under management, The RMR Group adds expertise and stability to SEVN’s operations.
SEVN’s dedication to transparency and regulatory compliance is demonstrated through its clear and concise communication of dividend allocations. By providing shareholders with the necessary information and directing them to the appropriate tax reporting forms, SEVN aims to ensure a seamless process for tax compliance.
This news will be of interest to SEVN shareholders and potential investors who value transparency and thorough communication from real estate investment trusts. The clear and straightforward nature of SEVN’s announcements allows stakeholders to stay informed and make informed decisions regarding their investments.
It’s worth noting that SEVN’s commitment to regulatory compliance eliminates any concerns related to potential legal or ethical issues. Their emphasis on following tax reporting guidelines and providing accurate information helps investors maintain trust in the company’s operations.
In conclusion, Seven Hills Realty Trust’s announcement of the 2023 dividend allocations ensures transparency and compliance with income tax reporting regulations. Shareholders are urged to consult IRS Form 1099-DIV for their individual tax needs. With its focus on middle market and transitional commercial real estate, SEVN offers a unique investment opportunity in the real estate sector. For more information, visit their website at www.sevnreit.com.
