Healthcare Realty Trust Announces Quarterly Dividend

Rhea-AI Summary

Healthcare Realty Trust Incorporated (NYSE:HR) announced a cash dividend of $0.31 per share for its common stock, payable on November 30, 2023. The dividend will be given to Class A common stockholders of record on November 14, 2023. The eligible holders of the Company's operating partnership units (OP Units) will also receive an OP Unit distribution of $0.31 per unit equivalent to the common stock dividend. Healthcare Realty is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around hospital campuses. The Company has over 700 properties totaling more than 40 million square feet in 15 growth markets.

NASHVILLE, Tenn., Oct. 30, 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 November 30, 2023 to Class A common stockholders of record on November 14, 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 (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

Additional information regarding the Company can be found at www.healthcarerealty.com.

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, 2022 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 announced by Healthcare Realty Trust?

The dividend amount announced by Healthcare Realty Trust is $0.31 per share for its common stock.

When will the dividend be payable?

The dividend will be payable on November 30, 2023.

Who will receive the dividend?

The dividend will be given to Class A common stockholders of record on November 14, 2023.

What is an OP Unit distribution?

An OP Unit distribution is a distribution given to eligible holders of the Company's operating partnership units.

What is the equivalent amount of the OP Unit distribution?

The OP Unit distribution is equivalent to the Company's Class A common stock dividend, which is $0.31 per unit.

What is Healthcare Realty's business?

Healthcare Realty is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around hospital campuses.

How many properties does Healthcare Realty own?

Healthcare Realty owns over 700 properties.

What is the total square footage of Healthcare Realty's properties?

The total square footage of Healthcare Realty's properties is over 40 million square feet.

In how many growth markets is Healthcare Realty concentrated?

Healthcare Realty is concentrated in 15 growth markets.

Where can I find additional information about Healthcare Realty?

Additional information about Healthcare Realty can be found at www.healthcarerealty.com.