Physicians Realty Trust Declares Quarterly Cash Dividend & Announces Date for Third Quarter 2017 Earnings Release & Conferenc...
September 21 2017 - 04:05PM
Business Wire
Physicians Realty Trust (NYSE:DOC) (the “Company”) announced
today that the Company’s Board of Trustees has authorized and the
Company has declared a quarterly cash dividend of $0.230 per common
share and unit for the quarter ending September 30, 2017.
“We are proud to announce the 17th consecutive quarterly
dividend to be paid by Physicians Realty Trust. Our talented asset
management team has generated another strong quarter of operating
cash flows from our large portfolio of high quality medical office
facilities. We remain active in our pursuit of outstanding medical
office facilities leased to credit rated health systems and
providers, while maintaining pricing discipline in the interest of
growing cash flows for our investors. Our acquisition pipeline is
strong, and we look forward to discussing our most recent quarterly
results with our earnings release and conference call scheduled
November 3rd,” said John T. Thomas, President and Chief Executive
Officer.
The dividend will be payable on October 18, 2017, to common
shareholders and unit holders of record on October 3, 2017.
Earnings Release and Conference Call Information
The Company announced it will release its financial results for
the third quarter ended September 30, 2017, before the market opens
on November 3, 2017, and will hold a conference call on this day at
10:00 a.m. ET to discuss the financial results and provide a
company update. The conference call will be hosted by President and
Chief Executive Officer John Thomas, Chief Financial Officer Jeff
Theiler, Chief Investment Officer Deeni Taylor, and Chief
Accounting and Administrative Officer John Lucey.
The conference call can be accessed by dialing (877) 407-0784
from within the U.S. or (201) 689-8560 for international callers.
Participants can reference the Physicians Realty Trust Third
Quarter Earnings Call or passcode 13671158. The conference call
also will be available via a live listen-only webcast and can be
accessed through the Investor Relations section of the Company’s
website, www.docreit.com. A replay of the conference call will
be available beginning November 3, 2017 at 1:00 p.m. ET until
November 24, 2017 at 11:59 p.m. ET, by dialing (844) 512-2921
(U.S.) or (412) 317-6671 (International); passcode: 13671158. A
replay of the webcast also will be accessible on the Investor
Relations website for one year following the event. Beginning
November 3, 2017, the Company’s supplemental information package
for the third quarter 2017 also will be accessible through the
Investor Relations section of the Company’s website under the
“Supplemental Information” tab.
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate
company organized to acquire, selectively develop, own and manage
healthcare properties that are leased to physicians, hospitals and
healthcare delivery systems. The Company invests in real estate
that is integral to providing high quality healthcare. The Company
is a Maryland real estate investment trust and has elected to be
taxed as a REIT for U.S. federal income tax purposes. The Company
conducts its business through an UPREIT structure in which its
properties are owned by the Operating Partnership, directly or
through limited partnerships, limited liability companies or other
subsidiaries.
Forward-Looking Statements
This press release contains statements that are “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 may be identified by the use of words such as
“anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”,
and “project” and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward looking statements include any
statements regarding the Company’s strategic and operational plans.
Forward looking statements should not be read as a guarantee of
future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved. Forward looking statements are based on
information available at the time those statements are made and/or
management’s good faith belief as of that time with respect to
future events, and are subject to risks and uncertainties that
could cause actual performance or results to differ materially from
those expressed in or suggested by the forward looking statements.
These forward looking statements include any statements regarding
the Company’s strategic and operational plans. These
forward-looking statements are subject to various risks and
uncertainties, not all of which are known to the Company and many
of which are beyond the Company’s control, which could cause actual
results to differ materially from such statements. These risks and
uncertainties are described in greater detail in the Company’s
filings with the Commission, including, without limitation, the
Company’s annual and periodic reports and other documents filed
with the Commission. Unless legally required, the Company disclaims
any obligation to update any forward-looking statements, whether as
a result of new information, future events or otherwise. Completion
of the offering on the terms described, and the application of net
proceeds, are subject to numerous conditions, many of which are
beyond the control of the Company, including, without limitation,
general economic conditions, market conditions and other factors,
including those factors discussed in the preliminary prospectus
supplement and accompanying prospectus and in the Company’s annual
and periodic reports and other documents filed with the Commission,
copies of which are available on the Commission’s website,
www.sec.gov. The Company undertakes no obligation to update these
statements after the date of this release.
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version on businesswire.com: http://www.businesswire.com/news/home/20170921006091/en/
Physicians Realty TrustJohn T. Thomas, 214-549-6611President and
CEOjtt@docreit.comorJeffrey N. Theiler, 414-367-5610Executive Vice
President and CFOjnt@docreit.com
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