Healthpeak Properties, Inc. (DOC) To Go Ex-Dividend on April 17th

Healthpeak Properties, Inc. (NYSE:DOC) announced a monthly dividend on Monday, April 6th. Stockholders of record on Friday, April 17th will be given a dividend of 0.1017 per share by the real estate investment trust on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, April 17th.

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. Equities 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 Stock Up 1.2%

DOC opened at $16.88 on Wednesday. Healthpeak Properties has a fifty-two week low of $15.71 and a fifty-two week high of $19.68. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.82 and a current ratio of 2.82. The company has a market capitalization of $11.73 billion, a P/E ratio of 168.77, a P/E/G ratio of 8.84 and a beta of 1.10. The stock has a fifty day moving average of $17.03 and a 200-day moving average of $17.42.

Healthpeak Properties (NYSE:DOC) last posted its earnings results on Monday, February 2nd. The real estate investment trust reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.02. Healthpeak Properties had a return on equity of 0.84% and a net margin of 2.52%.The company had revenue of $719.40 million during the quarter, compared to the consensus estimate of $685.14 million. During the same quarter last year, the firm earned $0.46 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. Healthpeak Properties has set its FY 2026 guidance at 1.700-1.740 EPS. On average, equities analysts expect that Healthpeak Properties will post 1.86 EPS for the current 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.