- Service Properties Trust ( NASDAQ: SVC ) declares $0.20/share quarterly dividend , against $0.01 dividend in the prior quarter .
- Forward yield 14.47%
- Payable Nov. 17; for shareholders of record Oct. 24; ex-div Oct. 21.
- The dividend represents a 37% payout ratio based on Q2 2022 normalized funds from operations.
- The company amended credit agreement, whereby restrictions on paying common dividends and issuing secured debt previously agreed to during the existing waiver period were removed.
- SVC +15% .
- See SVC Dividend Scorecard, Yield Chart, & Dividend Growth.
For further details see:
Service Properties Trust declares $0.20 dividend as restriction on paying dividend removed