Community Healthcare Trust Incorporated - CHCT STOCK NEWS

Community Healthcare Trust (NYSE: CHCT) has announced an increase in its quarterly cash dividend for Q2 2024. The Board of Directors has approved a dividend of $0.4625 per share, payable on August 23, 2024, to shareholders of record on August 9, 2024. This new dividend rate translates to an annualized dividend of $1.85 per share.

The company has maintained a consistent track record of increasing its dividend every quarter since its Initial Public Offering. This latest increase demonstrates CHCT's commitment to delivering value to its shareholders and reflects the company's strong financial position in the healthcare real estate sector.

Community Healthcare Trust (NYSE: CHCT) has announced that it will release its second-quarter earnings for 2024 on July 30, 2024, after the market closes. A conference call to discuss the earnings results, company activities, and industry trends will be held on July 31, 2024, at 9:00 a.m. Central Time. The event will be available via webcast through the Investor Relations section on the company's website at www.chct.reit. A replay of the conference call will also be accessible afterward on the same site.

Community Healthcare Trust (NYSE: CHCT) has released its inaugural Corporate Sustainability Report for 2023. This report emphasizes the company's commitment to environmental stewardship, social responsibility, and good governance (ESG). The report adheres to the Global Reporting Initiative (GRI) standards and is available on the company's website.

Key highlights include short and long-term ESG goals, environmental performance metrics, sustainability initiatives, and strategies guiding their sustainability efforts. Additionally, the report covers employee engagement, diversity metrics, tenant and community engagement, and governance practices aimed at improving transparency and accountability.

Community Healthcare Trust Incorporated announced its financial results for the first quarter of 2024, revealing a net income of $3.7 million. The company acquired several properties and issued new shares to fund its expansion plans. Despite changes in executive compensation and a tenant emerging from bankruptcy, the company remains focused on growth and shareholder value.

Community Healthcare Trust Incorporated (CHCT) raises its common stock cash dividend to $0.46 per share for the first quarter of 2024, marking an annualized dividend of $1.84 per share. Shareholders of record on May 10, 2024, will receive the dividend on May 24, 2024. This increase continues the trend of quarterly dividend growth since the company's IPO.

Community Healthcare Trust Incorporated (CHCT) will report Q1 2024 results on April 30, 2024, followed by a conference call on May 1, 2024. The company focuses on owning income-producing real estate properties related to outpatient healthcare services in the US.

Community Healthcare Trust Incorporated (CHCT) reported net income of $4.6 million for Q4 2023, with FFO and AFFO per share at $0.57 and $0.61 respectively. The company acquired properties worth $7.1 million and a long term acute care hospital for $6.5 million. They have properties under purchase agreements totaling $27.9 million and $166.5 million. Additionally, they issued 348,000 shares of common stock, generating $9.5 million. GenesisCare's bankruptcy update shows positive progress, with lease payments met through February 2024.

Community Healthcare Trust Incorporated (CHCT) has announced a significant increase in its common stock cash dividend for the quarter ended December 31, 2023. The dividend of $0.4575 per share is payable on March 1, 2024, to shareholders of record on February 20, 2024, equating to an annualized dividend of $1.83 per share. This marks a consistent increase in dividends every quarter since its Initial Public Offering.

Community Healthcare Trust Incorporated (CHCT) will report Q4 2023 results on February 13, 2024, followed by a conference call on February 14, 2024, to discuss earnings, quarterly activities, and industry trends. The company focuses on owning income-producing real estate properties associated with outpatient healthcare services in the US, with investments of approximately $1.05 billion in 191 properties across 34 states.