Healthcare Realty Trust Incorporated (HR) to Distribute Quarterly Dividend of $0.24 on August 26th

Healthcare Realty Trust Incorporated (NYSE:HR) declared a quarterly dividend on Thursday, July 30th. Shareholders of record on Tuesday, August 11th will be paid a dividend of 0.24 per share by the real estate investment trust on Wednesday, August 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, August 11th.

Healthcare Realty Trust has increased its dividend by an average of 0.0%annually over the last three years. Healthcare Realty Trust has a payout ratio of -309.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Healthcare Realty Trust to earn $1.69 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 56.8%.

Healthcare Realty Trust Price Performance

HR opened at $19.98 on Friday. The stock has a market capitalization of $6.93 billion, a PE ratio of -76.87 and a beta of 0.97. The firm’s fifty day moving average price is $20.56 and its 200 day moving average price is $19.06. Healthcare Realty Trust has a 12-month low of $16.23 and a 12-month high of $22.04.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.53). The company had revenue of $278.58 million during the quarter, compared to the consensus estimate of $271.60 million. Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.Healthcare Realty Trust’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, equities research analysts forecast that Healthcare Realty Trust will post 1.64 earnings per share for the current fiscal 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.