Healthcare Realty Trust Announces First Quarter Dividend

Rhea-AI Summary

Healthcare Realty Trust (NYSE: HR) has declared a common stock cash dividend of $0.30 per share for the quarter ended March 31, 2020. This dividend is payable on May 29, 2020, to stockholders of record on May 15, 2020. As of December 31, 2019, the company owned 204 properties across 25 states, totaling 15.4 million square feet and valued at approximately $5.9 billion. The firm provides leasing and property management services for an additional 11.4 million square feet nationwide.

Positive

• Declared a quarterly dividend of $0.30 per share, indicating strong cash flow.
• Owns 204 properties, valued at approximately $5.9 billion, enhancing investor confidence.

Negative

• None.

NASHVILLE, May 05, 2020 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced its common stock cash dividend for the quarter ended March 31, 2020. This dividend, in the amount of $0.30 per share, is payable on May 29, 2020 to stockholders of record on May 15, 2020.

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States.  As of December 31, 2019, the Company owned 204 real estate properties in 25 states totaling 15.4 million square feet and was valued at approximately $5.9 billion.  The Company provided leasing and property management services to 11.4 million square feet nationwide.

In addition to the historical information contained within, the matters discussed in this press release may contain forward-looking statements that involve risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty Trust, including its Annual Report on Form 10-K for the year ended December 31, 2019 under the heading “Risk Factors,” and as updated in its Quarterly Reports on Form 10-Q filed thereafter. Forward-looking statements represent the Company’s judgment as of the date of this release. The Company disclaims any obligation to update forward-looking statements.

Carla Baca
Associate Vice President, Investor Relations
P:615.269.8175

FAQ

What is the dividend amount declared by HR?

Healthcare Realty Trust declared a cash dividend of $0.30 per share.

When will the dividend be paid?

The dividend is payable on May 29, 2020.

What is the record date for the dividend?

The record date for the dividend is May 15, 2020.

How many properties does HR own?

Healthcare Realty Trust owns 204 properties.

What is the total square footage of HR's properties?

The total square footage of properties owned by HR is 15.4 million square feet.