Market Overview

Senior Housing Properties Trust Announces Quarterly Dividend on Common Shares


Housing Properties Trust (NASDAQ:
SNH) today announced a regular
quarterly cash distribution on its common shares of $0.15 per common
share ($0.60 per share per year). This quarterly dividend will be paid
to common shareholders of record as of the close of business on April
29, 2019 and distributed on or about May 16, 2019.

Senior Housing Properties Trust is a Real Estate Investment Trust, or
REIT, which owns senior living communities, medical office buildings and
wellness centers throughout the United States. SNH is managed by the
operating subsidiary of The RMR Group Inc. (NASDAQ:RMR), an alternative
asset management company that is headquartered in Newton, MA.


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
$0.15/share per quarter or $0.60/share per year. A possible implication
of this statement is that SNH will continuously pay quarterly dividends
of $0.15/share per quarter or $0.60/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 attributable to common shareholders, cash available for
distribution, the then current and expected needs and availability of
cash to pay SNH's obligations and fund SNH's investments, 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 its 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 declared and paid. For these reasons, among
others, investors are cautioned not to place undue reliance upon any
forward looking statements in this press release. Except as required by
law, SNH does not intend to update or change any forward looking
statements as a result of new information, future events or otherwise.

A Maryland Real Estate Investment Trust with transferable shares of
beneficial interest listed on the Nasdaq.
No shareholder, Trustee
or officer is personally liable for any act or obligation of the Trust.

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