Healthcare Realty Trust Incorporated (NYSE:HR) Declares Quarterly Dividend of $0.24

Key Points

• Healthcare Realty declared a quarterly dividend of $0.24 per share (annualized $0.96) with an ex-dividend/record date of May 11 and a payable date of May 22, implying a ~5.1% yield.
• The dividend is currently not covered by earnings—the company shows a reported payout ratio of -309.7%, indicating reliance on the balance sheet—though analysts forecast next-year EPS of ~$1.65, implying a future payout ratio near 58.2%.
• In the quarter Healthcare Realty reported adjusted EPS $0.41 (beat by $0.02) while revenue fell 7.7% YoY to $275.3M (missed estimates), and management set FY2026 guidance of $1.59–$1.65 EPS (consensus ~$1.61).

Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) announced a quarterly dividend on Thursday, April 30th. Investors of record on Monday, May 11th will be given a dividend of 0.24 per share by the real estate investment trust on Friday, May 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, May 11th.

Healthcare Realty Trust has raised its dividend by an average of 0.0%per year over the last three years. Healthcare Realty Trust has a payout ratio of -309.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Healthcare Realty Trust to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 58.2%.

Healthcare Realty Trust Trading Up 1.5%

NYSE:HR opened at $18.74 on Friday. The company has a market capitalization of $6.54 billion, a P/E ratio of -26.39 and a beta of 0.97. Healthcare Realty Trust has a 12 month low of $14.09 and a 12 month high of $18.97. The business's 50-day moving average is $18.00 and its 200 day moving average is $17.70.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The company had revenue of $275.28 million for the quarter, compared to analysts' expectations of $283.01 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The firm's revenue for the quarter was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, research analysts forecast that Healthcare Realty Trust will post 1.61 earnings per share for the current year.

About Healthcare Realty Trust

Healthcare Realty Trust NYSE: HR is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company's portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company's properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.