SproutNews logo

Ex-Dividend Alert: Physicians Realty Trust Has a Dividend Yield of 5.74%; Will Trade Ex-Dividend on July 02, 2018

LONDON, UK / ACCESSWIRE / June 29, 2018 /Active-Investors has a free review on Physicians Realty Trust (NYSE: DOC) following the Company’s announcement that it will begin trading ex-dividend on July 02, 2018. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding weekend) that is by latest at the end of the trading session on June 28, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on DOC:

www.active-investors.com/registration-sg/?symbol=DOC

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On June 21, 2018, Physicians Realty Trust announced that the Company’s Board of Trustees has authorized, and the Company has declared a quarterly cash dividend of $0.23 per common share and unit for the quarter ending June 30, 2018. The dividend will be payable on July 18, 2018, to common shareholders and unit-holders of record on July 03, 2018.

Physicians Realty Trust’s indicated dividend represents a yield of 5.74%, which is substantially higher than the average dividend yield of 3.07% for the financial sector. The Company has declared and paid dividend for twenty consecutive quarters.

Dividend Insights

Physicians Realty Trust has a dividend payout ratio of 84.4%, which indicates that the Company distributes approximately $0.84 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Physicians Realty Trust is forecasted to report earnings of $0.30 for the upcoming year compared to the Company’s annualized dividend of $0.92. One of the primary reasons for the difference between earnings and annualized dividend is that Physicians Realty Trust is a Real Estate Investment Trust (REIT) which is structured by law to distribute at least 90% of earnings. Moreover, since REITs generate income from owning portfolios of investment real estate, they are likely to have higher depreciation charges.

Since depreciation is a non-cash charge, it does not directly impact the ability of dividend the companies can distribute. For this reason, Fund from Operations (FFO) is calculated by adding depreciation and amortization (D&A) to earnings and subtracting any gains on sales which then provides a better picture of any company’s profitability and capacity to pay and to sustain dividends. For instance, Physicians Realty Trust’s net income attributable to common shareholders was $10.4 million, or $0.06 per diluted share, for Q1 2018 compared to $6.2 million, or $0.04 per diluted share, in Q1 2017.

On the other hand, Physicians Realty Trust’s normalized FFO was $49.0 million, or $0.26 per diluted share, for Q1 2018, compared to $34.1 million, or $0.24 per share, in Q1 2017. The Company’s FFO number indicates that it should be able to comfortably cover its dividend payout.

Upcoming Earnings

On June 21, 2018, Physicians Realty Trust announced it will release its financial results for the second quarter ended June 30, 2018, before the market opens on August 02, 2018, and will hold a conference call on the same day at 2:00 p.m. ET to discuss the financial results and provide a Company update.

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate Company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company conducts its business through an UPREIT structure in which its properties are owned by the Operating Partnership, directly or through limited partnerships, limited liability companies or other subsidiaries.

Stock Performance Snapshot

June 28, 2018 – At Thursday’s closing bell, Physicians Realty Trust’s stock slightly rose 0.69%, ending the trading session at $16.05.

Volume traded for the day: 1.64 million shares.

Stock performance in the last month – up 4.77%; and previous three-month period – up 3.08%

After yesterday’s close, Physicians Realty Trust’s market cap was at $2.93 billion.

Price to Earnings (P/E) ratio was at 67.44.

The stock has a dividend yield of 5.73%.

The stock is part of the Financial sector, categorized under the REIT – Healthcare Facilities industry. This sector was up 0.8% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

SOURCE: Active-Investors

ReleaseID: 504084

Go Top