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Healthcare Realty Trust Announces Second Quarter Dividend

Healthcare Realty Trust (NYSE: HR) announced a cash dividend of $0.30 per share for the quarter ending June 30, 2020.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Healthcare Realty Trust (NYSE: HR) announced a cash dividend of $0.30 per share for the quarter ending June 30, 2020. This dividend is payable on August 31, 2020 to shareholders recorded by August 17, 2020. The company owns 212 properties across 25 states, totaling 15.8 million square feet, valued at approximately $5.3 billion. It also provides leasing and property management services for 12 million square feet nationally.

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Positive

  • Quarterly dividend of $0.30 per share indicates shareholder returns.
  • Company owns 212 properties, enhancing revenue potential.
  • Valuation of $5.3 billion shows a solid asset base.

Negative

  • None.
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News Market Reaction – HR

The recorded move for HR in the trading session of this news was +0.07%.

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NASHVILLE, Tenn., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced its common stock cash dividend for the quarter ended June 30, 2020.  This dividend, in the amount of $0.30 per share, is payable on August 31, 2020 to stockholders of record on August 17, 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 March 31, 2020, the Company owned 212 real estate properties in 25 states totaling 15.8 million square feet and was valued at approximately $5.3 billion.  The Company provided leasing and property management services to 12.0 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,” in the Company's Quarterly Reports on Form 10-Q filed with the SEC for the quarter ended March 31, 2020, 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by Healthcare Realty Trust?

Healthcare Realty Trust announced a dividend of $0.30 per share.

When is the dividend payable to stockholders of Healthcare Realty Trust?

The dividend is payable on August 31, 2020.

What date must I hold shares to receive the dividend from HR?

You must be a shareholder of record by August 17, 2020.

How many properties does Healthcare Realty Trust own?

Healthcare Realty Trust owns 212 properties across 25 states.

What is the total square footage of properties owned by HR?

Healthcare Realty Trust owns properties totaling 15.8 million square feet.

What is the total valuation of Healthcare Realty Trust's properties?

The total valuation of Healthcare Realty Trust's properties is approximately $5.3 billion.

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