08:33 AM EDT, 07/10/2025 (MT Newswires) -- Seven Hills Realty Trust ( SEVN ) said Thursday that its board has reduced its quarterly cash dividend to $0.28 per share, from $0.35 previously.

The company said the new dividend will be paid on Aug. 14 to shareholders of record as of July 21.

"The Board's decision to reduce the dividend rate at this time reflects management's expectation that loan repayment proceeds will be redeployed at lower net interest margins and a declining SOFR curve, which would reduce our distributable earnings over the balance of the year," Tom Lorenzini, chief investment officer, said.

Seven Hills Realty ( SEVN ) shares were 2.9% lower in premarket trading.