FRANKLIN, Tenn., Feb. 8, 2024
/PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE:
CHCT) today announced that its Board of Directors has increased its
common stock cash dividend for the quarter ended December 31, 2023. This dividend, in the amount
of $0.4575 per share, is payable on
March 1, 2024 to shareholders of
record on February 20, 2024. This
dividend rate equates to an annualized dividend of $1.83 per share. Community Healthcare Trust
Incorporated has increased its dividend every quarter since its
Initial Public Offering.
About Community Healthcare Trust Incorporated
Community Healthcare Trust Incorporated (the "Company") is a
real estate investment trust that focuses on owning
income-producing real estate properties associated primarily with
the delivery of outpatient healthcare services in our target
sub-markets throughout the United
States.
Cautionary Note Regarding Forward-Looking Statements
In addition to the historical information contained within,
the matters discussed in this press release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are generally identifiable by
use of forward-looking terminology such as "believes", "expects",
"may", "will," "should", "seeks", "approximately", "intends",
"plans", "estimates", "anticipates" or other similar words or
expressions, including the negative thereof. Forward-looking
statements are based on certain assumptions and can include future
expectations, future plans and strategies, financial and operating
projections or other forward-looking information. Such
forward-looking statements reflect management's current beliefs and
are based on information currently available to management. Because
forward-looking statements relate to future events, they are
subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of the control of Community Healthcare Trust Incorporated
(the "Company"). Thus, the Company's actual results and financial
condition may differ materially from those indicated in such
forward-looking statements. Some factors that might cause such a
difference include the following: general volatility of the capital
markets and the market price of the Company's common stock, changes
in the Company's business strategy, availability, terms and
deployment of capital, the Company's ability to refinance existing
indebtedness at or prior to maturity on favorable terms, or at all,
changes in the real estate industry in general, interest rates or
the general economy, adverse developments related to the healthcare
industry, changes in governmental regulations, the degree and
nature of the Company's competition, the ability to consummate
acquisitions under contract, catastrophic or extreme weather and
other natural events and the physical effects of climate change,
the occurrence of cyber incidents, effects on global and national
markets as well as businesses resulting from increased inflation,
rising interest rates, supply chain disruptions, labor conditions,
the conflict between Russia and
Ukraine, and/or new and ongoing
hostilities between Israel and
Hamas and the other factors described in the section entitled "Risk
Factors" in the Company's Annual Report on Form 10-K for the year
ended December 31, 2022, and the
Company's other filings with the Securities and Exchange Commission
from time to time. Readers are therefore cautioned not to place
undue reliance on the forward-looking statements contained herein
which speak only as of the date hereof. The Company intends these
forward-looking statements to speak only as of the time of this
press release and undertakes no obligation to update
forward-looking statements, whether as a result of new information,
future developments, or otherwise, except as may be required by
law.
CONTACT: Bill Monroe,
615-771-3052
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SOURCE Community Healthcare Trust Incorporated