NEWTON, Massachusetts, July 15, 2021– (BUSINESS WIRING) –RMR Mortgage Trust (Nasdaq: RMRM), announced a regular quarterly cash distribution on its common shares at $ 0.15 per common share ($ 0.60 per share per year). The distribution announced today will be paid to the registered ordinary shareholders of RMRM at the close of business on July 26, 2021, and will be distributed around August 19, 2021.
RMRM is a real estate finance company that creates and invests in the first mortgage loans secured by the medium market and commercial real estate in transition. RMRM is operated by a branch RMR Inc. group of companies (Nasdaq: RMR)… Virtually all of RMR’s business is carried out by its controlling subsidiary RMR Group LLC, which is an alternative asset management company with $ 32 billion in assets under management and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. … property. For more information on RMRM visit www.rmrmortgagetrust.com…
WARNING REGARDING FORWARD-LOOKING STATEMENTS
This press release contains statements that are 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 on the current beliefs and expectations of RMRM, but these statements and the consequences of these statements are not guaranteed and may not occur for various reasons, some of which are beyond RMRM’s control. For example:
The press release states that the RMRM dividend rate will be $ 0.15 per common share ($ 0.60 per share per year). The possible implication of this statement is that RMRM will continue to pay quarterly dividends of $ 0.15 per share ($ 0.60 per share per year) in the future. The RMRM Board of Trustees takes many factors into account when determining whether to declare dividends, including the historical and projected income of RMRM, distributable profits, current and expected needs, and the availability of cash to pay RMRM’s obligations and fund its investments, distributions that may be required to be paid by RMRM to qualify for taxation as a real estate investment fund and other factors that the RMRM Board of Trustees considers important in its sole discretion. Accordingly, future dividends may be increased or decreased, and there is no guarantee as to the rate at which future dividends will be paid, and they may decrease in amount or be suspended or discontinued.
Information contained in RMRM filings with the Securities and Exchange Commission or SEC, including in or included in the Risk Factors section of the RMRM periodic reports, identifies other important factors that may cause actual RMRM results to be differ materially from those stated or implied by the RMRM Forward-looking Statements. RMRM documents to the SEC are available on the SEC website at www.sec.gov…
You should not place undue reliance on forward-looking statements.
Except as required by law, RMRM does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
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Kevin Barry, Investor Relations Manager