By the close of today, March 14, 2024, Healthcare Realty Trust (NYSE:HR) will issue a dividend payout of $0.31 per share, resulting in an annualized dividend yield of 7.87%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 23, 2024.
Healthcare Realty Trust Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-23 | 4$0.31 | 7.87% | 2024-02-13 | 2024-02-26 | 2024-03-14 | |
| 2023-11-13 | 4$0.31 | 8.78% | 2023-10-30 | 2023-11-14 | 2023-11-30 | |
| 2023-08-14 | 4$0.31 | 6.35% | 2023-08-01 | 2023-08-15 | 2023-08-30 | |
| 2023-05-15 | 4$0.31 | 6.31% | 2023-05-02 | 2023-05-16 | 2023-06-02 | |
| 2023-03-06 | 4$0.31 | 6.15% | 2023-02-24 | 2023-03-07 | 2023-03-21 | |
| 2022-11-14 | 4$0.31 | 6.1% | 2022-11-02 | 2022-11-15 | 2022-11-30 | |
| 2022-08-12 | 4$0.11 | 1.7% | 2022-08-03 | 2022-08-15 | 2022-08-30 | |
| 2022-05-13 | 4$0.31 | 4.34% | 2022-05-03 | 2022-05-16 | 2022-05-27 | |
| 2022-02-25 | 4$0.31 | 4.0% | 2022-02-16 | 2022-02-28 | 2022-03-15 | |
| 2021-11-12 | 4$0.3 | 3.63% | 2021-11-02 | 2021-11-15 | 2021-11-30 | |
| 2021-08-13 | 4$0.3 | 3.83% | 2021-08-03 | 2021-08-16 | 2021-08-31 | |
| 2021-05-14 | 4$0.3 | 3.75% | 2021-05-04 | 2021-05-17 | 2021-05-28 |
When comparing Healthcare Realty Trust's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Medical Properties Trust (NYSE:MPW) having the highest annualized dividend yield at 19.91%.
Analyzing Healthcare Realty Trust Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.20 in 2020 to $1.24 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Healthcare Realty Trust
The earnings chart highlights a decrease in Healthcare Realty Trust's earnings per share, declining from $1.65 in 2020 to $1.60 in 2023. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
Recap
This article delves into the recent dividend payout of Healthcare Realty Trust and its implications for shareholders. Presently, the company is distributing a dividend of $0.31 per share, leading to an annualized dividend yield of 7.87%.
When comparing Healthcare Realty Trust's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Medical Properties Trust having the highest annualized dividend yield at 19.91%.
Given that Healthcare Realty Trust has experienced an increase in dividend per share from 2020 to 2023 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.