Healthpeak Properties, Inc. (DOC) to Issue Monthly Dividend of $0.10 on May 29th

Healthpeak Properties, Inc. (NYSE:DOC) announced a monthly dividend on Monday, April 6th. Investors of record on Monday, May 18th will be given a dividend of 0.1017 per share by the real estate investment trust on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Monday, May 18th.

Healthpeak Properties has decreased its dividend by an average of 0.0%per year over the last three years. Healthpeak Properties has a payout ratio of 369.7% meaning 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 $1.78 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 68.5%.

Healthpeak Properties Price Performance

DOC opened at $19.36 on Friday. The stock has a market cap of $13.35 billion, a price-to-earnings ratio of 60.50, a PEG ratio of 2.70 and a beta of 1.00. Healthpeak Properties has a 1 year low of $15.70 and a 1 year high of $19.91. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.15. The stock has a fifty day moving average price of $17.26 and a 200 day moving average price of $17.21.

Healthpeak Properties (NYSE:DOC) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. The firm had revenue of $752.95 million during the quarter, compared to analysts’ expectations of $694.59 million. Healthpeak Properties had a return on equity of 2.61% and a net margin of 7.73%.The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. Healthpeak Properties has set its FY 2026 guidance at 1.710-1.750 EPS. Analysts forecast that Healthpeak Properties will post 1.74 EPS for the current fiscal year.

Healthpeak Properties Company Profile

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.