Shares of real estate investment trust Service Properties Trust (SVC) are rising more than 11% Thursday morning at $6.16.
The company today declared a quarterly dividend of $0.20 per share.
""As the result of the continued improved performance of our hotel portfolio and the steady performance of our net lease assets, we are pleased to declare our quarterly common dividend at $0.20 per share," commented Brian Donley, Service Properties Trust's Chief Financial Officer.
SVC has traded in the range of $4.65-$12.23 in the last 1 year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.