Healthpeak Properties, Inc. (DOC) To Go Ex-Dividend on August 17th

Healthpeak Properties, Inc. (NYSE:DOC) declared a monthly dividend on Thursday, July 9th. Investors of record on Monday, August 17th will be paid a dividend of 0.1017 per share by the real estate investment trust on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Monday, August 17th.

Healthpeak Properties has decreased its dividend by an average of 0.0%annually over the last three years. Healthpeak Properties has a dividend payout ratio of 369.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Healthpeak Properties to earn $1.79 per share next year, which means the company should continue to be able to cover its $1.22 annual dividend with an expected future payout ratio of 68.2%.

Healthpeak Properties Stock Performance

NYSE DOC opened at $20.78 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 3.02 and a current ratio of 3.02. The stock’s fifty day moving average is $21.33 and its two-hundred day moving average is $18.90. The firm has a market capitalization of $14.33 billion, a P/E ratio of 59.38, a price-to-earnings-growth ratio of 3.20 and a beta of 1.01. Healthpeak Properties has a fifty-two week low of $15.70 and a fifty-two week high of $22.95.

Healthpeak Properties (NYSE:DOC) last issued its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05. Healthpeak Properties had a return on equity of 2.79% and a net margin of 8.24%.The business had revenue of $771.58 million during the quarter, compared to the consensus estimate of $725.64 million. During the same period last year, the company earned $0.46 EPS. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.730-1.770 EPS. On average, research analysts anticipate that Healthpeak Properties will post 1.77 earnings per share for the current year.

Healthpeak Properties Company Profile

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.