...increased the quarterly dividend by 1.56% to $0.325 per share of common stock. This represents an annualized rate of $1.30 per share of common stock with an annualized yield of 4.6% based on HTA’s closing share price as of August 2, 2021. The dividend will be paid on October 11, 2021 to stockholders of record on October 4, 2021. This is the eighth consecutive year that the Company has increased its quarterly dividend.
Additionally, the eligible holders of HTA’s operating partnership units (“OP Units”) will receive a quarterly OP Unit distribution, which is on par with HTA’s common stock dividend described above.
The amount of common stock dividends HTA pays to its stockholders is subject to the review and approval of the Company’s Board of Directors at its discretion, and is dependent on a number of factors, including funds available for the payment of distributions, HTA’s financial condition, capital expenditure requirements and annual distribution requirements needed to maintain HTA’s status as a real estate investment trust under the Internal Revenue Code. HTA’s Board of Directors may reduce its dividend rate and HTA cannot guarantee the amount of dividends paid in the future, if any.
...increased the quarterly dividend by 1.56% to $0.325 per share of common stock. This represents an annualized rate of $1.30 per share of common stock with an annualized yield of 4.6% based on HTA’s closing share price as of August 2, 2021. The dividend will be paid on October 11, 2021 to stockholders of record on October 4, 2021. This is the eighth consecutive year that the Company has increased its quarterly dividend.
Additionally, the eligible holders of HTA’s operating partnership units (“OP Units”) will receive a quarterly OP Unit distribution, which is on par with HTA’s common stock dividend described above.
The amount of common stock dividends HTA pays to its stockholders is subject to the review and approval of the Company’s Board of Directors at its discretion, and is dependent on a number of factors, including funds available for the payment of distributions, HTA’s financial condition, capital expenditure requirements and annual distribution requirements needed to maintain HTA’s status as a real estate investment trust under the Internal Revenue Code. HTA’s Board of Directors may reduce its dividend rate and HTA cannot guarantee the amount of dividends paid in the future, if any.