Healthcare Trust Announces Preferred Stock Dividends

Rhea-AI Summary

Healthcare Trust, Inc. (Nasdaq: HTIA) announced it will continue paying dividends on its 7.375% Series A and 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock. A dividend of $0.4609375 per share for Series A and $0.4453125 per share for Series B will be paid on July 15, 2022, to shareholders of record by July 5, 2022. The dividends reflect an annualized rate of $1.84375 for Series A and $1.78125 for Series B, paid quarterly. This continuous payment supports shareholder income and signals company confidence in ongoing operations.

Positive

• Consistent quarterly dividends maintain shareholder income.
• Dividends show confidence in financial stability and ongoing operations.

Negative

• None.

NEW YORK, June 23, 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 July 15, 2022 to Series A Preferred Stock holders of record at the close of business on July 5, 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 July 15, 2022 to Series B Preferred Stock holders of record at the close of business on July 5, 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 "may," "will," "seeks," "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "should" 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 a number of 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 (a) the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and other countries, as well as other public and private actors and companies, on HTI, HTI's tenants, HTI's operators and the global economy and financial markets, and (b) that any potential future acquisition is subject to market conditions and capital availability and may not be identified or completed on favorable terms, or at all, 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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SOURCE Healthcare Trust, Inc.

FAQ

What is the dividend payment date for Healthcare Trust, Inc. (HTIA)?

The dividend payment date for Healthcare Trust, Inc. (HTIA) is July 15, 2022.

What are the dividend amounts for Healthcare Trust's preferred stocks?

The dividend amount is $0.4609375 per share for Series A and $0.4453125 per share for Series B.

When is the record date for the preferred stock dividends?

The record date for the preferred stock dividends is July 5, 2022.

What is the annualized dividend rate for Series A and B Preferred Stock of HTIA?

The annualized dividend rate for Series A is $1.84375 and for Series B is $1.78125.