Service Properties Trust T.SVC

Primary Symbol: SVC

Real Estate REIT - Diversified

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust > Doesn't matter if market is Red or Green...lol

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Comment by 1hot-techwomanon Jun 17, 2016 10:39am

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RE:RE:Doesn't matter if market is Red or Green...lol

The funniest part of this article :) ya right! to drive up the price...lol In fact, Sandvine has so much cash, it doesnt know what to do with it all. Its run a share-buyback program for years, using company money to pull its own stock out of the market and drive up the price. Last January, the company announced it was starting to offer a dividend, cash from the companys treasury going to its shareholders totalling $10 million a year.

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