SCOTTSDALE, ARIZONA, October 28, 2019 – Healthcare Trust of
America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical
office buildings in the United States, announced today that its board of
directors issued a quarterly dividend of $0.315 per share of common stock. This represents an annualized rate of $1.26
per share of common stock with an annualized yield of 4.17% based on HTA’s
closing share price as of October 25, 2019.
The dividend will be paid on January 9, 2020 to stockholders of record
on January 2, 2020.
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
The amount of common stock
dividends HTA pays to its stockholders is determined by HTA’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.
Healthcare Trust of America, Inc.
(NYSE: HTA) is the largest dedicated owner and operator of medical office
buildings in the United States, comprising approximately 23.3 million square
feet of GLA, with $6.9 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for
the integrated delivery of healthcare services in highly-desirable
locations. Investments are targeted to
build critical mass in 20 to 25 leading gateway markets that generally have
leading university and medical institutions which translates to superior
demographics, high-quality graduates, intellectual talent and job growth. The strategic markets HTA invests in support
a strong, long-term demand for quality medical office space. HTA utilizes an integrated asset management
platform consisting of on-site leasing, property management, engineering and
building services, and development capabilities to create complete, state of
the art facilities in each market. This
drives efficiencies, strong tenant and health system relationships, and
strategic partnerships that result in high levels of tenant retention, rental
growth and long-term value creation.
Headquartered in Scottsdale, Arizona, HTA has developed a national brand
with dedicated relationships at the local level.
Founded in 2006
and listed on the New York Stock Exchange in 2012, HTA has produced attractive
returns for its stockholders that have outperformed the S&P 500 and US REIT
index. More information about HTA can be
found on the Company’s Website (www.htareit.com), Facebook, LinkedIn and
This press release contains certain
Forward-looking statements are based on current expectations, plans,
estimates, assumptions and beliefs, including expectations, plans, estimates,
assumptions and beliefs about HTA, stockholder value and earnings growth.
The forward-looking statements
included in this press release are subject to numerous risks and uncertainties
that could cause actual results to differ materially from those expressed or
implied in the forward-looking statements.
Assumptions relating to the foregoing involve judgments with respect to,
among other things, future economic, competitive and market conditions and
future business decisions, all of which are difficult or impossible to predict
accurately and many of which are beyond HTA’s control. Although HTA believes that the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, HTA’s actual results and performance could differ materially and
in adverse ways from those set forth in the forward-looking statements. Factors which could have a material adverse
effect on HTA’s operations and future prospects include, but are not limited
Forward-looking statements speak only as of the date
made. Except as otherwise required by
the federal securities laws, HTA undertakes no obligation to update any
forward-looking statements to reflect the events or circumstances arising after
the date as of which they are made. As a
result of these risks and uncertainties, readers are cautioned not to place
undue reliance on the forward-looking statements included in this press release
or that may be made elsewhere from time to time by, or on behalf of, HTA.