Healthpeak Properties, Inc. (NYSE:DOC – Get Free Report) announced a dividend on Wednesday, April 16th, investing.com reports. Shareholders of record on Friday, April 18th will be paid a dividend of 0.1017 per share by the real estate investment trust on Wednesday, April 30th. This represents a yield of 6.5%. The ex-dividend date of this dividend is Thursday, April 17th.
Healthpeak Properties has increased its dividend payment by an average of 26.4% per year over the last three years. Healthpeak Properties has a dividend payout ratio of 406.7% 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 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 Trading Down 0.9 %
Shares of NYSE:DOC opened at $18.61 on Thursday. The company has a market capitalization of $13.02 billion, a PE ratio of 53.17, a PEG ratio of 2.17 and a beta of 1.02. Healthpeak Properties has a 12-month low of $17.33 and a 12-month high of $23.26. The business has a 50 day moving average of $19.71 and a two-hundred day moving average of $20.75. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.96.
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About Healthpeak Properties
Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery.
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