Healthcare Realty Trust Incorporated (HR) to Issue Quarterly Dividend of $0.24 on May 22nd

Healthcare Realty Trust Incorporated (NYSE:HR) announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Monday, May 11th will be given a dividend of 0.24 per share by the real estate investment trust on Friday, May 22nd. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Monday, May 11th.

Healthcare Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years. Healthcare Realty Trust has a payout ratio of -309.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Healthcare Realty Trust to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 58.2%.

Healthcare Realty Trust Trading Up 2.8%

Healthcare Realty Trust stock opened at $19.23 on Friday. Healthcare Realty Trust has a 12 month low of $14.09 and a 12 month high of $19.43. The stock’s 50 day simple moving average is $18.00 and its two-hundred day simple moving average is $17.70. The firm has a market cap of $6.71 billion, a PE ratio of -27.08 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 4.22% and a negative net margin of 17.34%.The business had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The business’s quarterly revenue was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, equities research analysts forecast that Healthcare Realty Trust will post 1.61 EPS for the current year.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.