Diversified Healthcare Trust Declares Quarterly Dividend
Diversified Healthcare Trust (DHC) has declared a quarterly dividend of $0.01 per share, consistent with its previous payout. The forward yield is currently estimated at 0.53%. Shareholders of record as of October 19 will receive the payment on November 12, and shares will trade ex-dividend starting October 19. The company reaffirmed its 2026 net operating income (NOI) guidance between $307 million and $323 million. It also aims to achieve nearly $2 million in annual cost savings beginning in 2027. In the most recent quarter, DHC reported funds from operations (FFO) of $0.16 per share, exceeding estimates by $0.01, although revenue came in at $365.39 million, missing expectations by $5.37 million.
Topics: dividends earnings financial performance real estate investment trusts (REITs)