RHE - Dividend announcements

Atlanta, GA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. ("Regional") (NYSE:RHE) (NYSE:RHE) announced today that its Board of Directors declared a dividend to the holders of its 12.5% Series B Cumulative Redeemable Preferred Shares (the "Series B Preferred Stock"), on a pro rata basis in proportion to the number of shares of Series B Preferred Stock held by such holders, of 250,000 shares of the Company's common stock ("Common Stock"), rounded down to the nearest whole share of Common Stock. The dividend will be paid on or about February 19, 2025 to holders of record of the Series B Preferred Stock as of the close of business on February 10, 2025. Regional is require

Enhances Opportunity to Increase Shareholder Value Significantly Strengthens Balance Sheet Expands Regional Board with the Addition of Two Highly Qualified Industry Veterans Atlanta, GA, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. ("Regional") (NYSE:RHE) (NYSE:RHE) and SunLink Health Systems, Inc. ("SunLink") (NYSE:SSY) jointly announced today that they have entered into a definitive agreement and plan of merger (the "merger agreement"), pursuant to which SunLink will merge with and into Regional (the "merger") in exchange for the issuance of an aggregate of 1,410,000 shares of Regional common stock and 1,410,000 shares of Regional's newly-authorized Series D 8% C

ATLANTA, GA, July 03, 2023 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHE) (the "Company") today announced the final results, and the closing, of its previously commenced offer to exchange (the "Exchange Offer") any and all of the Company's outstanding 10.875% Series A Cumulative Redeemable Preferred Shares (the "Series A Preferred Stock") for newly issued shares of the Company's 12.5% Series B Cumulative Redeemable Preferred Shares (the "Series B Preferred Stock"). As previously announced, the Exchange Offer expired at 11:59 p.m., New York City time, on June 27, 2023 (such time and date, the "Expiration Date"). Continental Stock Transfer & Trust Company, the e

ATLANTA, GA, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. ("RHE," the "Company," "we," "us" or "our") (NYSE:RHE) (NYSE:RHE) announced today that its Board of Directors declared a dividend of one one-thousandth (1/1,000th) of a share of the Company's newly-designated Series E Redeemable Preferred Shares, no par value per share (the "Series E Preferred Stock"), for each outstanding share of the Company's common stock ("Common Stock"), payable on February 28, 2023 to shareholders of record as of 5:00 p.m. Eastern Time on February 27, 2023. The outstanding shares of Series E Preferred Stock will vote together with the outstanding shares of Common Stock, as a single class,

ISS Recommends Common Shareholders Vote in Favor of Proposals 1 and 2 Discussed Below Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHE) ("RHE," "we" or the "Company") reminds its common shareholders to vote at the upcoming special meeting (the "Special Meeting") to be held on Monday, July 25, 2022 at 10:00 a.m., Eastern Time, at Sonesta Gwinnett Place Atlanta, located at 1775 Pleasant Hill Road, Duluth, Georgia. As previously announced, the Company commenced an offer to exchange (the "Exchange Offer") any and all of its outstanding 10.875% Series A Cumulative Redeemable Preferred Shares (the "Series A Preferred Stock") for newly issued shares of the Company's 12.5% Series B Cumulativ

Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHE), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, and operation of such real estate when required, reported results for the year ended December 31, 2021. Business Update Commenced Exchange Offer for Series A Preferred Shares to streamline capital structure Collected 94.1% of fourth-quarter 2021 contractual cash rent Brent Morrison, Regional Health Properties' Chief Executive Officer and President commented, "Earlier today we announced the commencement of an exchange offer for our Series A Preferred Shares as part of our ongoing efforts t

Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHEPA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the quarter ended September 30, 2021. Business Update Ended the quarter with a healthy cash balance Collected 97.4% of third quarter 2021 contractual cash rent Completed two refinancings for our Alabama facilities with our trusted partner, Exchange Bank of Alabama Extended the Meadowood loan out to 2026 Completed the refinancing of Coosa Valley, reducing cash interest by 155 basis points Brent Morrison, Regional Health Properties' Chief Executive Officer an

Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHEPA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the quarter ended June 30, 2021. Business Update Ended the quarter with $5.6 million of unrestricted cash vs $4.2 million at the beginning of the year. Secured refinancing commitments on $3.6 million of debt with a previously scheduled maturity in the third quarter of 2022 and $0.5 million due in the third quarter of 2021. Collected 97.1% of second quarter 2021 contractual cash rent Brent Morrison, Regional Health Properties' Chief Executive Officer and Presiden

Regional Health Properties, Inc. (NYSE:RHE) (NYSE:RHEPA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the quarter ended March 31, 2021. Business Update Ended the quarter with $6.2 million of unrestricted cash Initiated refinancing efforts on six properties with the goal of lowering interest rates and extending maturity dates Collected 97.2% of first quarter 2021 contractual cash rent Brent Morrison, Regional Health Properties' Chief Executive Officer and President, commented, "We are pleased to report a slight increase to our Operator's occupancy levels and impr

ATLANTA--(BUSINESS WIRE)--Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the year ended December 31, 2020. Business Update Successfully transitioned two non-performing facilities affiliated with one operator, preliminary results for transitioned facilities for January and February 2021 very encouraging Collected 91% of 2020 cash rent Generated positive free cash flow from continuing operations for the fourth quarter and year ended December 31, 2020, despite covid-19 headwinds Brent