FRANKLIN, Tenn., May 4, 2020 /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 March 31, 2020.
This dividend, in the amount of $0.42 per share, is payable on May 29, 2020 to shareholders of record on
May 15, 2020. This dividend rate
equates to an annualized dividend of $1.68 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 supplemental operating and financial
information package 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", "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,
the degree and nature of the Company's competition, the ability to
consummate acquisitions under contract, effects on global
and national markets as well as businesses resulting from the
COVID-19 pandemic, 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,
2019 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 supplemental operating and financial
information package and undertakes no obligation to update
forward-looking g statements, whether as a result of new
information, future developments, or otherwise, except as
may be required by law.
CONTACT David H. Dupuy,
615-771-3052
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SOURCE Community Healthcare Trust, Inc.