Senior Housing Properties Trust Announces Quarterly Dividend
January 10 2013 - 8:00AM
Business Wire
Senior Housing Properties Trust (NYSE: SNH)
today announced it has declared a regular quarterly common share
dividend of $0.39 per common share ($1.56 per share per year). The
next quarterly dividend will be paid to common shareholders of
record as of the close of business on January 22, 2013 and
distributed on or about February 20, 2013.
Senior Housing Properties Trust is a real estate investment
trust, or REIT, which owns independent and assisted living
communities, medical office buildings, nursing homes,
rehabilitation hospitals and wellness centers throughout the United
States. SNH is headquartered in Newton, MA.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING
STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING
STATEMENTS ARE BASED UPON SNH’S PRESENT BELIEFS AND EXPECTATIONS,
BUT THESE STATEMENTS AND THE IMPLICATIONS OF THESE STATEMENTS ARE
NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR VARIOUS REASONS, SOME
OF WHICH ARE BEYOND SNH’S CONTROL. FOR EXAMPLE, THIS PRESS RELEASE
STATES THAT SNH’S DIVIDEND RATE WILL BE $0.39/SHARE PER QUARTER OR
$1.56/SHARE PER YEAR. A POSSIBLE IMPLICATION OF THIS STATEMENT IS
THAT SNH WILL CONTINUOUSLY PAY QUARTERLY DIVIDENDS OF $0.39/SHARE
PER QUARTER OR $1.56/SHARE PER YEAR IN THE FUTURE. SNH’S DIVIDEND
RATES ARE SET AND RESET FROM TIME TO TIME BY SNH’S BOARD OF
TRUSTEES. THE SNH BOARD CONSIDERS MANY FACTORS WHEN SETTING
DIVIDEND RATES INCLUDING SNH’S HISTORICAL AND PROJECTED INCOME,
NORMALIZED FUNDS FROM OPERATIONS, THE THEN CURRENT AND EXPECTED
NEEDS AND AVAILABILITY OF CASH TO PAY SNH’S OBLIGATIONS,
DISTRIBUTIONS WHICH MAY BE REQUIRED TO BE PAID TO MAINTAIN SNH’S
TAX STATUS AS A REAL ESTATE INVESTMENT TRUST AND OTHER FACTORS
DEEMED RELEVANT BY SNH’S BOARD OF TRUSTEES IN THEIR DISCRETION.
ACCORDINGLY, FUTURE DIVIDEND RATES MAY BE INCREASED OR DECREASED
AND THERE IS NO ASSURANCE AS TO THE RATE AT WHICH FUTURE DIVIDENDS
WILL BE PAID. FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE
CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the New York
Stock Exchange.
No shareholder, Trustee or officer is
personally liable for any act or obligation of the Trust.
Their team is aware of this and know that if
any change is made to this they must notify us.
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