RMR Group Inc Stock Price, News & Analysis

Diversified Healthcare Trust (Nasdaq: DHC) has announced a quarterly cash dividend of $0.01 per common share, amounting to $0.04 annually. The dividend is payable to shareholders of record as of January 24, 2022, and will be distributed on or about February 17, 2022. DHC focuses on owning high-quality healthcare properties in the U.S., with a diversified portfolio valued at over $8.0 billion, including over 390 properties and approximately 28,000 senior living units, managed by The RMR Group (Nasdaq: RMR).

Office Properties Income Trust (Nasdaq: OPI) announced a quarterly cash distribution of $0.55 per share, amounting to $2.20 annually. This will be paid to shareholders on record as of January 24, 2022, with distribution expected on or about February 17, 2022. OPI, which primarily leases properties to high credit quality tenants, generates approximately 63% of its revenue from investment-grade rated tenants. The trust manages over 170 properties across 33 states and Washington, D.C., and is recognized for sustainability efforts as an Energy Star® Partner of the Year.

Seven Hills Realty Trust (Nasdaq: SEVN) announced a substantial raise in its quarterly cash distribution, increasing it by $0.10 per share, or 67%, to $0.25 per share ($1.00 per year). The new distribution will be given to shareholders of record as of January 24, 2022, and will be distributed on or about February 17, 2022. This positive move reflects the company’s confidence in sustaining its financial obligations and supporting shareholder income.

Service Properties Trust (Nasdaq: SVC) announced a quarterly cash distribution of $0.01 per common share, amounting to $0.04 annually. Shareholders on record by January 24, 2022 will receive this payment on or about February 17, 2022. SVC manages over $12 billion in assets, including more than 300 hotels and nearly 800 retail properties across the U.S., Puerto Rico, and Canada. As a REIT, SVC's dividends may fluctuate based on various financial factors assessed by the Board of Trustees.

Industrial Logistics Properties Trust (Nasdaq: ILPT) announced a quarterly cash dividend of $0.33 per share, equating to $1.32 annually. Shareholders of record by January 24, 2022 will receive this payment on or about February 17, 2022. ILPT focuses on high-quality logistics properties, maintaining a portfolio of approximately 290 properties across 30 states, with 70% of its annual revenues coming from investment-grade tenants. It's managed by The RMR Group, which oversees over $32 billion in assets.

Service Properties Trust (SVC) announced an agreement with Sonesta International Hotels to amend management agreements effective January 1, 2022. SVC will sell 68 Sonesta hotels with a net carrying value of $579 million, expected to be completed by Q1 2022. The owner’s priority return for retained hotels will be $325.2 million annually, with renovations planned at a cost of $600 million over three years. Changes also include new performance thresholds for hotel management. SVC currently owns 262 hotels managed by Sonesta and retains a 34% stake in Sonesta.

The RMR Group Inc. (Nasdaq: RMR) will release its first quarter 2022 financial results post-Nasdaq closing on January 27, 2022. A conference call led by CEO Adam Portnoy and CFO Matt Jordan will take place on January 28, 2022, at 10:00 a.m. ET. Participants can access the call at (877) 270-2148, or (412) 902-6510 for international calls. A live audio webcast will be available on RMR's website, with an archived replay accessible until February 4, 2022.

Diversified Healthcare Trust (Nasdaq: DHC) announced a transaction with a global institutional investor, receiving approximately $378 million for a 35% equity interest in its joint venture owning a life science complex in Boston, MA. This deal values the property at about $1.7 billion after accounting for $620 million in secured debt. Proceeds will be used for capital expenditures, reducing debt, and other business purposes. DHC aims to enhance liquidity and leverage through this partnership.

Industrial Logistics Properties Trust (Nasdaq: ILPT) has announced an agreement to acquire six industrial properties for approximately $206 million. These fully leased properties, totaling 2.5 million square feet, will lead to net proceeds of about $190 million for ILPT. The funds will be used to pay down part of the $750 million revolving credit facility. The joint venture, now holding 11.7 million square feet across 18 properties, is managed by The RMR Group (Nasdaq: RMR).