MILWAUKEE, March 17, 2023–(Organization WIRE)–Medical professionals Realty Trust (NYSE: DOC) (the “Corporation”) declared today that the Company’s Board of Trustees has authorized, and the Organization has declared, a quarterly hard cash dividend of $.23 for every popular share and device for the quarter ending March 31, 2023. “We are very pleased to declare and fork out our 39th consecutive quarterly dividend. We believe our stability sheet is solid and our operations are carrying out properly. We continue on to be steadfast as we deliver reliable hard cash flows all through sector uncertainty. We search ahead to sharing additional about our to start with quarter 2023 final results in our earnings launch and connected conference contact, scheduled for May well 4, 2023,” reported John T. Thomas, the Company’s President and Chief Executive Officer.
The dividend will be payable on April 18, 2023, to prevalent shareholders and device holders of document on April 4, 2023.
Earnings Release and Conference Contact Information and facts
The Company introduced it will launch its monetary outcomes for the initial quarter ended March 31, 2023, ahead of the market opens on May 4, 2023, and will keep a convention connect with on this day at 10:00 a.m. ET to talk about the economical effects and give a firm update. The convention simply call will be hosted by President and Main Govt Officer John Thomas, Govt VP and Chief Money Officer Jeff Theiler, Govt VP of Asset Administration Mark Theine, and Chief Accounting and Administrative Officer John Lucey.
The convention connect with can be accessed by dialing (877) 407-0784 from in the U.S. or (201) 689-8560 for international callers. Members can reference the Medical professionals Realty Belief To start with Quarter Earnings Connect with or passcode 13737242. The convention phone will also be available via a are living hear-only webcast and can be accessed by the Trader Relations section of the Company’s web site, www.docreit.com. A replay of the convention call will be readily available beginning May perhaps 4, 2023, at 2:00 p.m. ET right until June 4, 2023, at 11:59 p.m. ET, by dialing (844) 512-2921 (U.S.) or (412) 317-6671 (Worldwide) passcode: 13737242. A replay of the webcast will also be obtainable on the Trader Relations internet site for a person 12 months pursuing the party. Starting May well 4, 2023, the Company’s supplemental data bundle for the very first quarter 2023 also will be available by way of the Trader Relations part of the Company’s internet site under the “Supplemental Info” tab.
About Medical professionals Realty Trust
Doctors Realty Belief is a self-managed wellbeing care actual estate enterprise structured to obtain, selectively develop, have, and manage health care properties that are leased to medical professionals, hospitals and health care delivery devices. The Firm invests in authentic estate that is integral to delivering superior quality wellness care. The Firm is a Maryland actual estate financial investment believe in and has elected to be taxed as a REIT for U.S. federal money tax uses. The Organization conducts its small business via an UPREIT framework in which its houses are owned by the Operating Partnership, specifically or via minimal partnerships, restricted liability providers or other subsidiaries.
Forward-Searching Statements
This push launch is made up of statements that are “forward-wanting statements” within just the indicating of Area 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe and sound harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Ahead-hunting statements might be identified by the use of phrases this sort of as “anticipate”, “think”, “count on”, “estimate”, “system”, “outlook”, “keep on”, “intend”, and “project” and other similar expressions that predict or suggest long term gatherings or developments or that are not statements of historic issues. These ahead searching statements may include statements pertaining to the Company’s strategic and operational plans, the Company’s means to produce interior and exterior growth, the future outlook, predicted money returns, cap rates or yields on properties, anticipated closing of home acquisitions, means to execute its business program, and the impression of the COVID-19 pandemic on the Company’s business. While ahead-looking statements mirror our great faith beliefs, they are not guarantees of potential general performance. Ahead-searching statements should really not be read through as a ensure of future efficiency or success and will not essentially be precise indications of the moments at, or by, which this sort of performance or effects will be attained. Ahead-on the lookout statements are primarily based on info obtainable at the time people statements are produced and/or management’s excellent faith belief as of that time with respect to long term activities and are issue to dangers and uncertainties that could lead to true general performance or success to differ materially from all those expressed in or prompt by the ahead-searching statements. These forward-wanting statements are subject matter to several pitfalls and uncertainties, not all of which are identified to the Business and a lot of of which are over and above the Company’s manage, which could lead to real outcomes to vary materially from such statements. These challenges and uncertainties are described in bigger detail in the Company’s filings with the Securities and Exchange Commission (the “Commission”), like, without limitation, the Company’s once-a-year and periodic reports and other documents submitted with the Commission. Except if lawfully required, the Organization disclaims any obligation to update any ahead-looking statements right after the day of this launch, regardless of whether as a result of new info, future gatherings or normally. For a dialogue of factors that could impression the Company’s results, functionality, or transactions, see Element I, Item 1A (Risk Factors) of the Company’s Yearly Report on Form 10-K for the fiscal calendar year finished December 31, 2022.
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Contacts
Doctors Realty Belief
John T. Thomas
President and CEO
(214) 549-6611
[email protected]
Jeffrey N. Theiler
Government Vice President and CFO
(414) 367-5610
[email protected]
