Service Properties Trust (NASDAQ:SVC – Get Rating) traded down 3% during trading on Friday . The stock traded as low as $7.76 and last traded at $7.83. 8,521 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 827,274 shares. The stock had previously closed at $8.07.
Service Properties Trust Price Performance
The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 3.96. The firm’s 50-day moving average is $7.61 and its 200-day moving average is $7.09. The company has a market cap of $1.34 billion, a PE ratio of -4.46 and a beta of 2.24.
Service Properties Trust Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 16th. Shareholders of record on Monday, January 23rd will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date of this dividend is Friday, January 20th. Service Properties Trust’s dividend payout ratio is -43.96%.
Institutional Investors Weigh In On Service Properties Trust
About Service Properties Trust
Service Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 149 distinct brands across 23 industries. SVC's properties are primarily operated under long-term management or lease agreements.
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