Healthcare Trust Announces Series A Preferred Stock Dividend

Rhea-AI Summary

Healthcare Trust, Inc. (Nasdaq: HTIA) announced its quarterly dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, totaling $1.84375 annually. The dividend is payable on April 15, 2021 to shareholders on record as of April 5, 2021. Dividends will be paid in arrears quarterly, enhancing shareholder income. HTIA focuses on acquiring diversified healthcare real estate, emphasizing seniors housing and medical office buildings across the U.S.

Positive

• Quarterly dividend of $0.4609375 per share enhances shareholder returns.
• Stable annualized dividend rate of $1.84375 per share indicates company confidence.

Negative

• None.

NEW YORK, March 26, 2021 /PRNewswire/ -- Healthcare Trust, Inc. (Nasdaq: HTIA) ("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 15, 2021 to Series A Preferred Stock holders of record at the close of business on April 5, 2021.

About Healthcare Trust, Inc.

Healthcare Trust, Inc. (Nasdaq: HTIA) 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 most recent Annual Report on Form 10-K, HTI's most recent Quarterly Reports on Form 10-Q, HTI's Registration Statement on Form S-11 filed with the SEC on September 15, 2020 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 amount declared by HTIA for the Series A Preferred Stock?

HTIA declared a dividend of $0.4609375 per share.

When is the dividend payment date for Healthcare Trust, Inc.?

The dividend is payable on April 15, 2021.

Who are the shareholders eligible for the upcoming dividend?

Only Series A Preferred Stock holders of record at the close of business on April 5, 2021, are eligible.

What is the significance of the quarterly dividend for HTIA shareholders?

The quarterly dividend enhances income for shareholders and reflects the company's financial stability.

What is the annualized rate of the preferred stock dividend for HTIA?

The annualized rate is $1.84375 per share.