Growing Earnings, Ensuring Investor Value: Healthpeak Properties Adjusts Dividends with Consistent Growth
At the end of today, February 26, 2024, Healthpeak Properties (NYSE:PEAK) will distribute a dividend payout of $0.30 per share, translating to an annualized dividend yield of 6.44%. Shareholders who held the stock before the ex-dividend date on February 13, 2024 will benefit from this payout.
Healthpeak Properties Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-13 | 4 | $0.3 | 6.44% | 2024-01-31 | 2024-02-14 | 2024-02-26 |
| 2023-11-06 | 4 | $0.3 | 7.31% | 2023-10-29 | 2023-11-07 | 2023-11-20 |
| 2023-08-04 | 4 | $0.3 | 5.4% | 2023-07-27 | 2023-08-07 | 2023-08-18 |
| 2023-05-05 | 4 | $0.3 | 5.78% | 2023-04-27 | 2023-05-08 | 2023-05-19 |
| 2023-02-08 | 4 | $0.3 | 4.37% | 2023-02-01 | 2023-02-09 | 2023-02-23 |
| 2022-11-04 | 4 | $0.3 | 5.22% | 2022-10-27 | 2022-11-07 | 2022-11-18 |
| 2022-08-05 | 4 | $0.3 | 4.46% | 2022-07-28 | 2022-08-08 | 2022-08-19 |
| 2022-05-06 | 4 | $0.3 | 3.55% | 2022-04-28 | 2022-05-09 | 2022-05-20 |
| 2022-02-10 | 4 | $0.3 | 3.46% | 2022-01-27 | 2022-02-11 | 2022-02-22 |
| 2021-11-05 | 4 | $0.3 | 3.42% | 2021-10-27 | 2021-11-08 | 2021-11-19 |
| 2021-08-06 | 4 | $0.3 | 3.26% | 2021-07-29 | 2021-08-09 | 2021-08-20 |
| 2021-05-07 | 4 | $0.3 | 3.57% | 2021-04-29 | 2021-05-10 | 2021-05-21 |
In terms of dividend yield, Healthpeak Properties finds itself in the middle ground among its industry peers, while Medical Properties Trust (NYSE:MPW) takes the lead with the highest annualized dividend yield at 22.92%.
Analyzing Healthpeak Properties Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2023, investors saw an average decrease in the company's dividend per share, decreasing from $1.48 in 2020 to $1.20 in 2023. This is not favorable for investors as it indicates a decline in the company's dividend payout over the years. Further analysis is recommended to understand the factors contributing to this decrease.
YoY Earnings Growth For Healthpeak Properties
The earnings chart illustrates an increase in Healthpeak Properties's earnings per share, from $1.69 in 2020 to $1.76 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article delves into the recent dividend payout of Healthpeak Properties and its implications for shareholders. Presently, the company is distributing a dividend of $0.30 per share, leading to an annualized dividend yield of 6.44%.
In terms of dividend yield, Healthpeak Properties finds itself in the middle ground among its industry peers, while Medical Properties Trust takes the lead with the highest annualized dividend yield at 22.92%.
The decrease in dividend per share from 2020 to 2023 along with an increase in earnings per share for Healthpeak Properties suggests a strategic shift towards retaining more earnings for reinvestment purposes rather than distributing them as dividends.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.