Healthpeak Properties, Inc. Declares Monthly Dividend of $0.10 (NYSE:DOC)

Key Points

• Dividend: Healthpeak declared a monthly dividend of $0.1017 per share, payable June 26 to holders of record June 15, implying an annualized yield of about 7.3%.
• Sustainability concern: The company’s trailing dividend payout ratio is an elevated 369.7%, meaning current dividends exceed earnings and rely on the balance sheet, though analysts forecast $1.95 EPS next year which would imply a more sustainable ~62.6% payout ratio.
• Recent results & outlook: Healthpeak beat Q results with $0.47 EPS (vs. $0.45 est.) and $719.4M revenue (+3.1% y/y); it set FY2026 EPS guidance of $1.70–$1.74 while analysts expect $1.86, and the stock trades near $16.68 with a market cap of about $11.6B.

Healthpeak Properties, Inc. (NYSE:DOC - Get Free Report) announced a monthly dividend on Monday, April 6th. Investors of record on Monday, June 15th will be given a dividend of 0.1017 per share by the real estate investment trust on Friday, June 26th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Monday, June 15th.

Healthpeak Properties has decreased its dividend by an average of 0.0%per year over the last three years. Healthpeak Properties has a dividend payout ratio of 369.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Healthpeak Properties to earn $1.95 per share next year, which means the company should continue to be able to cover its $1.22 annual dividend with an expected future payout ratio of 62.6%.

Healthpeak Properties Price Performance

DOC stock opened at $16.68 on Tuesday. The business has a 50 day moving average price of $17.05 and a 200 day moving average price of $17.43. The stock has a market cap of $11.59 billion, a price-to-earnings ratio of 166.77, a PEG ratio of 8.84 and a beta of 1.10. Healthpeak Properties has a fifty-two week low of $15.71 and a fifty-two week high of $19.68. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 1.21.

Healthpeak Properties (NYSE:DOC - Get Free Report) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The firm had revenue of $719.40 million during the quarter, compared to analysts' expectations of $685.14 million. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm's revenue was up 3.1% compared to the same quarter last year. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. Equities research analysts anticipate that Healthpeak Properties will post 1.86 earnings per share for the current fiscal year.

About Healthpeak Properties

Healthpeak Properties, Inc is a real estate investment trust (REIT) specializing in healthcare-related real estate. Headquartered in Irvine, California, the company owns, develops and acquires a diversified portfolio of properties that cater to the evolving needs of the healthcare industry. Its investments span life science research facilities, medical office buildings and senior housing communities, positioning Healthpeak as a key provider of specialized real estate assets.

Within its life science segment, Healthpeak develops and leases laboratory and research space to biotechnology, pharmaceutical and other life science companies.

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