Welcome to our dedicated page for Community Healthcare Tr news (Ticker: CHCT), a resource for investors and traders seeking the latest updates and insights on Community Healthcare Tr stock.
Community Healthcare Trust Inc (CHCT) provides investors with centralized access to official company updates and market analysis for this healthcare-focused real estate investment trust. This resource aggregates all essential news about CHCT's property acquisitions, tenant partnerships, and financial performance in outpatient healthcare real estate markets.
Users gain immediate visibility into CHCT's strategic moves through curated press releases, SEC filings, and sector-specific developments. The collection includes earnings announcements, portfolio expansion updates, and regulatory compliance information relevant to healthcare REIT investors.
Key content categories span quarterly financial results, property acquisition disclosures, dividend declarations, and management commentary. Bookmark this page to maintain current awareness of CHCT's non-urban healthcare property investments and operational milestones without searching multiple sources.
Community Healthcare Trust Incorporated (NYSE: CHCT) announced the promotion of Timothy L. Meyer to Executive Vice President – Asset Management, effective October 1, 2021. Meyer previously served as Senior Vice President – Asset Management and has extensive experience in real estate and healthcare asset management, including leadership roles at Altisource Portfolio Solutions. As of June 30, 2021, CHCT had investments worth approximately $813.5 million in 149 real estate properties across 33 states, totaling about 3.3 million square feet.
Community Healthcare Trust announced it will report its third quarter 2021 results on November 2, 2021, after market close. A conference call to discuss earnings and operations will follow on November 3, 2021, at 9:00 a.m. Central Time. The company holds investments of approximately $813.5 million in 149 real estate properties across 33 states as of June 30, 2021, totaling about 3.3 million square feet.
Community Healthcare Trust reported Q2 2021 net income of approximately $5.7 million, equating to $0.22 per diluted share. Funds from operations (FFO) were $0.56, and adjusted funds from operations (AFFO) were $0.58 per share. The company raised about $11.9 million through an ATM program, issuing 247,964 shares at $48.87 each. During the quarter, two properties were acquired for $9.5 million, with a total lease occupancy of 89.6%. Additionally, other properties are under contract for future acquisition, with expected returns between 9.0% and 10.25%.
Community Healthcare Trust has announced an increase in its common stock cash dividend to $0.4325 per share for the quarter ending June 30, 2021. This dividend, payable on August 27, 2021 to shareholders of record by August 13, 2021, translates to an annualized rate of $1.73 per share. Notably, the company has consistently increased its dividend every quarter since its IPO, showcasing its commitment to returning value to shareholders.
Community Healthcare Trust Incorporated (NYSE: CHCT) will announce its second quarter results for 2021 on August 3, 2021, after market close. A conference call is scheduled for August 4, 2021, at 9:00 a.m. Central Time to discuss the earnings and operational updates. As of March 31, 2021, the company had investments worth approximately $801 million in 147 properties across 33 states, totaling about 3.2 million square feet.
Community Healthcare Trust reported a net income of approximately $5.3 million for Q1 2021, translating to $0.21 per diluted share. Funds from operations amounted to $0.54 and adjusted funds from operations to $0.57 per diluted share. The company issued 435,272 shares at an average price of $46.70, raising net proceeds of $19.9 million. Six properties were acquired for $59.8 million, fully leased until 2036. A $125 million term loan was established, expiring in 2028, and a quarterly dividend of $0.43 per share was declared.
Community Healthcare Trust has announced a quarterly cash dividend increase to $0.43 per share for the quarter ended March 31, 2021, which is payable on May 28, 2021. Shareholders of record as of May 14, 2021 will receive this dividend, resulting in an annualized dividend of $1.72 per share. The company has consistently increased its dividend since its IPO.
Community Healthcare Trust (CHCT) will report its Q1 2021 results on May 4, 2021, after the market closes. A conference call is scheduled for May 5, 2021, at 9:00 a.m. Central Time, to discuss the earnings and operational activities. As of December 31, 2020, CHCT had investments totaling approximately $738.8 million in 141 properties across 33 states, covering about 3.1 million square feet. The company is focused on income-producing real estate linked to outpatient healthcare services.
Community Healthcare Trust Incorporated (NYSE: CHCT) announced an increase in its credit facilities to $400 million via its Third Amended and Restated Credit Agreement. The agreement includes a $150 million revolving facility maturing in March 2026 and $250 million in term loans. The term loans feature maturity dates from March 2024 to March 2028. The company drew down $125 million from the new term loan to pay off existing obligations. This facility allows for potential future increases up to $600 million and includes interest rate swaps for cost management.
Community Healthcare Trust reported a Q4 2020 net income of approximately $5.2 million or $0.21 per diluted share. Funds from operations were $0.53, and adjusted funds from operations (AFFO) totaled $0.56 per diluted share. The company issued 480,592 shares at an average price of $47.65, raising $22.4 million. They acquired 10 properties for $67.9 million, all fully leased until 2039. A quarterly dividend of $0.4275 per share was declared, payable on March 5, 2021.
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