Healthcare Realty Trust Announces Quarterly Dividend

Rhea-AI Summary

Healthcare Realty Trust Incorporated (NYSE: HR) has announced a cash dividend of $0.31 per share, payable on March 21, 2023, to stockholders of record as of March 7, 2023. Additionally, holders of the Company’s operating partnership units will receive a similar distribution. As of September 30, 2022, the Company has invested in 728 properties across 35 states, totaling 42.6 million square feet, with an enterprise value of approximately $13.8 billion. The Company provides extensive leasing and property management services nationwide.

Positive

• Dividend of $0.31 per share indicates consistent income for shareholders.
• Strong portfolio with 728 properties totaling 42.6 million square feet.

Negative

• Market uncertainties could impact future performance.
• -

NASHVILLE, Tenn., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the “Company”) today announced its common stock cash dividend in the amount of $0.31 per share, payable on March 21, 2023 to Class A common stockholders of record on March 7, 2023. Additionally, the eligible holders of the Company’s operating partnership units (“OP Units”) will receive an OP Unit distribution of $0.31 per unit equivalent to the Company’s Class A common stock dividend described above.

Healthcare Realty Trust Incorporated (NYSE: HR) 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 September 30, 2022, the Company was invested in 728 real estate properties in 35 states totaling 42.6 million square feet and had an enterprise value of approximately $13.8 billion, defined as equity market capitalization plus the principal amount of debt less cash. The Company provided leasing and property management services to 38.9 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, 2021 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.

Ron Hubbard
Vice President, Investor Relations
P: 615.269.8290

FAQ

What is the dividend amount for HR in March 2023?

The dividend amount for Healthcare Realty Trust (HR) in March 2023 is $0.31 per share.

When is the dividend payable for HR?

The dividend for HR is payable on March 21, 2023.

What is the record date for HR's dividend?

The record date for HR's dividend is March 7, 2023.

How many properties does Healthcare Realty Trust manage?

Healthcare Realty Trust manages 728 properties across 35 states.

What is the enterprise value of Healthcare Realty Trust?

The enterprise value of Healthcare Realty Trust is approximately $13.8 billion.