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

Healthcare Realty Trust Incorporated (NYSE:HR) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Monday, May 11th will be paid a dividend of 0.24 per share by the real estate investment trust on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend 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 dividend 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 0.8%

Shares of Healthcare Realty Trust stock opened at $20.14 on Friday. The stock has a fifty day simple moving average of $18.11 and a 200 day simple moving average of $17.73. Healthcare Realty Trust has a 12-month low of $14.09 and a 12-month high of $20.46. The company has a market capitalization of $7.03 billion, a P/E ratio of -34.72 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business had revenue of $275.28 million during the quarter, compared to the consensus estimate of $283.01 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. Healthcare Realty Trust’s 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, analysts predict 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.