Healthcare Trust Announces Preferred Stock Dividends

Rhea-AI Summary

Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) announced the continuation of quarterly dividends for its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock. The Series A Preferred Stock will pay dividends at an annualized rate of $1.84375 per share, translating to $0.4609375 quarterly, with a payment date of April 18, 2022, for record holders as of April 8, 2022. Series B Preferred Stock will follow an annualized rate of $1.78125 per share or $0.4453125 quarterly, with the same payment schedule. These dividends underscore HTI's commitment to shareholder returns.

Positive

• Quarterly dividends of $0.4609375 on Series A Preferred Stock and $0.4453125 on Series B Preferred Stock demonstrate commitment to shareholder returns.
• Continued payment of dividends reflects company confidence in financial stability.

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• None.

NEW YORK, March 24, 2022 /PRNewswire/ -- Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) ("HTI") announced today that it intends to continue to pay dividends on a quarterly basis on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at an annualized rate of $1.84375 per share or $0.4609375 per share on a quarterly basis. Dividends on the Series A Preferred Stock are payable in arrears to Series A Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15^th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).

Accordingly, HTI declared a dividend of $0.4609375 per share of Series A Preferred Stock payable on April 18, 2022 to Series A Preferred Stock holders of record at the close of business on April 8, 2022.

In addition, HTI announced today that it intends to continue to pay dividends on a quarterly basis on its 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock (the "Series B Preferred Stock") at an annualized rate of $1.78125 per share or $0.4453125 per share on a quarterly basis. Dividends on the Series B Preferred Stock are payable in arrears to Series B Preferred Stock holders of record at the close of business on the applicable record date and payable on the 15^th day of the first month of each fiscal quarter (or, if not a business day, the next succeeding business day).

Accordingly, HTI declared a dividend of $0.4453125 per share of Series B Preferred Stock payable on April 18, 2022 to Series B Preferred Stock holders of record at the close of business on April 8, 2022.

About Healthcare Trust, Inc.

Healthcare Trust, Inc. (Nasdaq: HTIA/HTIBP) is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and medical office buildings, located in the United States. Additional information about HTI can be found on its website at www.healthcaretrustinc.com.

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "may," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of HTI's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the potential adverse effects of the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, on HTI, HTI's tenants, HTI's operators and the global economy and financial markets and that the information about rent collections may not be indicative of any future period, as well as those risks and uncertainties set forth in the Risk Factors section of HTI's Annual Report on Form 10-K for the year ended December 31, 2021 filed on March 18, 2022, and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in HTI's subsequent reports. Further, forward looking statements speak only as of the date they are made, and HTI undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.

Contact

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Phone: (866) 902-0063

 

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SOURCE Healthcare Trust, Inc.

FAQ

What are the current dividends for HTIA and HTIBP?

The current dividends for HTIA's Series A Preferred Stock are $0.4609375 per share, and HTIBP's Series B Preferred Stock are $0.4453125 per share.

When will the next dividends be paid for HTIA and HTIBP?

The next dividends will be paid on April 18, 2022, for both Series A and Series B Preferred Stocks.

What is the dividend frequency for HTIA and HTIBP?

HTIA and HTIBP pay dividends on a quarterly basis.

What is the record date to receive dividends for HTIA and HTIBP?

The record date to receive dividends is April 8, 2022, for both Series A and Series B Preferred Stocks.