Company: Service Properties Trust (SVC)
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Company Profile: Service Properties Trust is a real estate investment trust that owns hotel properties. These properties are locatedÊin the United States, along with Canada and Puerto Rico. The company operates through its hotel investment unit and net lease investments. The firm derives the majority of its revenue from the hotel real estate investments unit. The hotels are distinguished between their service levels, which include full service, select service, and extended stay; and chain scale, which includes luxury, upper upscale, upscale, upper midscale, and midscale. The hotels are extended stay or upscale. Some of theÊhotel brands include Courtyard by Marriott, Royal Sonesta, Crowne Plaza Hotels & Resorts, and Hyatt Place. -Morningstar.com-
Symbol: SVC
Recent Price: $5.21
Dividends: $0.80
Yield: 15.37%
Sector: Real Estate
Industry: REIT-Hotel & Motel
Address & Company Phone #: 2 Newton Place Ste. 300 255 Washington Street Newton MA 02458, 617-964-8389
Transfer Agent: Equiniti Group plc. 855-235-0841
Moody’s Rating: Ba2
Minimum & Maximum Investment: $0 – 10,000/quarter
Investment Dates: Every 90 days beginning 2/19
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail for $15+12¢/sh.
52 Week High & Low: $11.57, $6.84