Global Medical REIT Inc. Board Declares 2024 Second Quarter Common and Preferred Dividends
Global Medical REIT (GMRE) announced its Board of Directors has declared the 2024 second quarter dividends for both common and preferred stocks.
A cash dividend of $0.21 per share of common stock will be paid on July 9, 2024, to shareholders of record as of June 21, 2024.
Additionally, a quarterly cash dividend of $0.46875 per share will be paid on Series A Preferred Stock on July 31, 2024, to stockholders of record as of July 15, 2024, covering the period from April 30, 2024, to July 30, 2024.
- The Board has declared a $0.21 per share dividend for common stockholders, showing commitment to shareholder returns.
- A quarterly dividend of $0.46875 per share on Series A Preferred Stock ensures ongoing income for preferred shareholders.
- Scheduled dividend payments indicate financial stability and consistent cash flow management.
- Announcement of dividends focuses on maintaining current payouts rather than increasing them, which might indicate growth.
- The unchanged dividend rates may signal to investors a lack of significant profit growth or reinvestment opportunities.
Common Dividend
The Board has declared the Company’s 2024 second quarter cash dividend of
Series A Preferred Dividend
The Board has also declared a quarterly cash dividend of
About Global Medical REIT Inc.
Global Medical REIT Inc. is a net-lease medical REIT that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems. Additional information on GMRE can be obtained on its website at www.globalmedicalreit.com.
Forward-Looking Statements
Certain statements contained herein may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is the Company’s intent that any such statements be protected by the safe harbor created thereby. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "plan," "predict," "project," "will," "continue" and other similar terms and phrases, including references to assumptions and forecasts of future results. Except for historical information, the statements set forth herein including, but not limited to, any statements regarding our earnings, our liquidity, our tenants’ ability to pay rent to us, expected financial performance (including future cash flows associated with new tenants or the expansion of current properties), future dividends or other financial items; any other statements concerning our plans, strategies, objectives and expectations for future operations and future portfolio occupancy rates, our pipeline of acquisition opportunities and expected acquisition activity, including the timing and/or successful completion of any acquisitions and expected rent receipts on these properties, our expected disposition activity, including the timing and/or successful completion of any dispositions and the expected use of proceeds therefrom, and any statements regarding future economic conditions or performance are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although the Company believes that the expectations, estimates and assumptions reflected in its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of the Company’s forward-looking statements. Additional information concerning us and our business, including additional factors that could materially and adversely affect our financial results, include, without limitation, the risks described under Part I, Item 1A - Risk Factors, in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and in our other filings with the SEC. You are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and undertakes no obligation, to update any forward-looking statement.
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Investors:
Stephen Swett
(203) 682-8377
Source: Global Medical REIT Inc.
FAQ
What is the dividend per share for GMRE common stock in Q2 2024?
When will GMRE pay the Q2 2024 dividend for common stock?
What is the record date for GMRE's Q2 2024 common stock dividend?
How much is the Series A Preferred Stock dividend for Q2 2024?
When will the Series A Preferred Stock dividend be paid?
What is the record date for the Series A Preferred Stock dividend?
