Ventas Declares Fourth Quarter 2024 Dividend of $0.45 Per Common Share

Rhea-AI Summary

Ventas (NYSE: VTR) has announced its Board of Directors has declared a quarterly dividend of $0.45 per common share, payable on January 16, 2025, to stockholders of record as of December 31, 2024.

The company operates as a leading S&P 500 real estate investment trust with approximately 1,350 properties across North America and the United Kingdom. Their portfolio includes over 800 senior housing communities, along with outpatient medical buildings, research centers, and healthcare facilities, positioning them as a key player in the longevity economy.

Positive

• Consistent dividend payment maintained at $0.45 per share
• Large portfolio of 1,350 properties across North America and UK
• Diversified asset base including senior housing, medical buildings, and research centers

Negative

• None.

Insights

Financial Analyst

The declaration of a $0.45 quarterly dividend maintains Ventas's previous payout level, representing an annual dividend yield of approximately 3.7% based on current stock prices. While dividend consistency is important for REIT investors, this routine announcement merely continues the established distribution policy without any changes. The dividend remains well-supported by Ventas's diverse portfolio of healthcare properties and senior housing communities, though the yield is relatively modest compared to some healthcare REIT peers.

CHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.45 per common share. The dividend will be payable in cash on January 16, 2025 to stockholders of record as of the close of business on December 31, 2024.

About Ventas

Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population. With approximately 1,350 properties in North America and the United Kingdom, Ventas occupies an essential role in the longevity economy. The Company’s growth is fueled by its over 800 senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. The Ventas portfolio also includes outpatient medical buildings, research centers and healthcare facilities. The Company aims to deliver outsized performance by leveraging its unmatched operational expertise, data-driven insights from its Ventas OI^TM platform, extensive relationships and strong financial position. Ventas’s seasoned team of talented professionals shares a commitment to excellence, integrity and a common purpose of helping people live longer, healthier, happier lives.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241210393902/en/

Ventas, Inc.

BJ Grant

(877) 4-VENTAS

Source: Ventas, Inc.

FAQ

What is Ventas (VTR) quarterly dividend amount for Q4 2024?

Ventas (VTR) declared a quarterly dividend of $0.45 per common share for the fourth quarter of 2024.

When will Ventas (VTR) pay its Q4 2024 dividend?

Ventas will pay its Q4 2024 dividend on January 16, 2025, to stockholders of record as of December 31, 2024.

How many properties does Ventas (VTR) currently own?

Ventas owns approximately 1,350 properties across North America and the United Kingdom.

How many senior housing communities does Ventas (VTR) operate?

Ventas operates over 800 senior housing communities as part of its portfolio.