Healthcare Realty Trust Announces Dividend Increase

Rhea-AI Summary

Healthcare Realty Trust (NYSE:HR) has announced a cash dividend increase to $0.3025 per share, payable on March 9, 2021, to stockholders of record on February 22, 2021. This marks an increase from the previous $0.30 per share. As of December 31, 2020, the company owned 227 properties across 24 states, covering 16.4 million square feet, with a total valuation of approximately $5.7 billion. Healthcare Realty Trust specializes in managing real estate related to outpatient healthcare services.

Positive

• Dividend increased to $0.3025 per share, reflecting company confidence.
• Diverse real estate portfolio of 227 properties significantly valued at $5.7 billion.

Negative

• None.

NASHVILLE, Tenn., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced its common stock cash dividend in the amount of $0.3025 per share, payable on March 9, 2021 to stockholders of record on February 22, 2021. This dividend amount reflects an increase from $0.30 per share previously.

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, 2020, the Company owned 227 real estate properties in 24 states totaling 16.4 million square feet and was valued at approximately $5.7 billion. The Company provided leasing and property management services to 12.6 million square feet nationwide.

Additional information regarding the Company, including this quarter's operations, can be found at www.healthcarerealty.com. Please contact the Company at 615.269.8175 to request a printed copy of this information.

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, 2020 under the heading "Risk Factors," and other risks described from time to time thereafter in the Company's SEC filings. 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. A reconciliation of all non-GAAP financial measures in this release is included herein.

Carla Baca
Associate Vice President, Investor Relations
P: 615.269.8175

FAQ

What is the new dividend amount for HR?

The new dividend amount for Healthcare Realty Trust (HR) is $0.3025 per share.

When is the HR dividend payment date?

The dividend payment date for HR is March 9, 2021.

Who are eligible shareholders for the HR dividend?

Shareholders of record as of February 22, 2021, are eligible for the HR dividend.

How many properties does Healthcare Realty Trust own?

As of December 31, 2020, Healthcare Realty Trust owns 227 properties.

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

Healthcare Realty Trust's total real estate valuation is approximately $5.7 billion.