Community Healthcare Tr Inc Stock Price, News & Analysis

Community Healthcare Trust has announced a quarterly cash dividend increase for Q4 2021, raising it to $0.4375 per share. This dividend, payable on March 1, 2022, benefits shareholders of record as of February 22, 2022. The annualized dividend now stands at $1.75 per share. This marks a continued trend, as the company has increased its dividend every quarter since its IPO, reflecting a commitment to returning value to shareholders.

Community Healthcare Trust Incorporated (NYSE: CHCT) will report its fourth quarter 2021 earnings on February 15, 2022, post-market. A conference call to discuss the results and operational updates is scheduled for February 16, 2022, at 9:00 a.m. Central Time. The company had approximately $824.4 million invested in 151 properties, covering 3.3 million square feet in 33 states as of September 30, 2021. Interested parties can access the conference call via webcast at www.chct.reit.

Community Healthcare Trust Incorporated (NYSE: CHCT) reported a third-quarter net income of approximately $5.4 million, or $0.20 per diluted share. Funds from operations totaled $0.55 per diluted share, while adjusted funds from operations reached $0.59. The Company raised approximately $6.6 million via its at-the-market program by issuing 139,216 shares at an average price of $48.63. CHCT acquired two properties for roughly $9.3 million, fully leased until 2026, and has additional properties under agreements for potential future acquisitions. A dividend of $0.4350 per share was declared, payable on November 26, 2021.

Community Healthcare Trust Incorporated (NYSE: CHCT) has announced an increase in its quarterly cash dividend to $0.435 per share for the third quarter of 2021. This dividend is payable on November 26, 2021, to shareholders recorded by November 12, 2021. The annualized dividend now stands at $1.74 per share. Notably, the company has consistently raised its dividend since its IPO, indicating strong performance and commitment to returning value to shareholders.

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.