Healthcare Realty Trust Announces First Quarter Dividend Increase
April 27 2004 - 4:53PM
PR Newswire (US)
Healthcare Realty Trust Announces First Quarter Dividend Increase
Company Reports Forty-third Consecutive Common Dividend Increase
NASHVILLE, Tenn., April 27 /PRNewswire-FirstCall/ -- Healthcare
Realty Trust Incorporated today announced its forty-third
consecutive common stock dividend increase for the quarter ended
March 31, 2004. This dividend, in the amount of $0.635 per share,
represents an increase of $0.005 per share over the dividend paid
for the quarter ended December 31, 2003. The dividend is payable on
June 3, 2004 to shareholders of record on May 14, 2004. At this
rate, quarterly dividends approximate an annualized dividend
payment of $2.54 per share. Healthcare Realty Trust is a real
estate investment trust that integrates owning, managing and
developing income-producing real estate properties associated with
the delivery of healthcare services throughout the United States.
As of December 31, 2003, the Company's portfolio was comprised of
ten major facility types, located in 30 states, and operated
pursuant to contractual arrangements with 61 healthcare providers.
The Company had investments of approximately $1.7 billion in 218
real estate properties or mortgages, totaling approximately 11.3
million square feet. The Company provided property management
services to approximately 4.7 million square feet nationwide. In
addition to the historical information contained within, the
matters discussed in this press release may contain forward-looking
statements that involve risks and uncertainties. These risks are
discussed in a 10-K filed with the SEC by Healthcare Realty Trust
for the year ended December 31, 2003. Forward-looking statements
represent the Company's judgment as of the date of this release.
The Company disclaims any obligation to update forward-looking
material. DATASOURCE: Healthcare Realty Trust Incorporated CONTACT:
Scott W. Holmes, Senior Vice President and Chief Financial Officer
of Healthcare Realty Trust Incorporated, +1-615-269-8175 Web site:
http://www.healthcarerealty.com/ Company News On-Call:
http://www.prnewswire.com/comp/112435.html
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