Healthcare Trust of America Keeps Dividend Steady
Apr 30th 2013 2:42PM
Updated Apr 30th 2013 3:55PM
Health care real estate investment trust Healthcare Trust of America will pay a regular quarterly dividend of $0.14375 per share on July 3 to shareholders of record at the close of business on June 27, the company announced today.
Healthcare Trust began paying a quarterly dividend last year when it went public and initiated a payout at the rate of $0.0479 per share.
Healthcare Trust of America is a "fully integrated, leading owner" of medical office buildings "located on or aligned with campuses of nationally or regionally recognized health care systems in the U.S." It has a portfolio of properties in 27 states that totals approximately $2.6 billion and is comprised of approximately 12.7 million square feet. The REIT began trading on the New York Stock Exchange on June 6, 2012.
The most recent dividend payment equates to a $0.575-per-share annual dividend yielding 4.6% based on the closing price of Healthcare Trust's stock on April 29.
The article Healthcare Trust of America Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.