Community Healthcare Trust Raised Its Quarterly Cash Dividend To $0.455 From $0.4525
Portfolio Pulse from Benzinga Newsdesk
Community Healthcare Trust (CHCT) has increased its quarterly cash dividend from $0.4525 to $0.455 per share for the quarter ended September 30, 2023. The dividend is payable on November 24, 2023 to shareholders of record on November 9, 2023. This equates to an annualized dividend of $1.82 per share. CHCT has increased its dividend every quarter since its Initial Public Offering.
October 27, 2023 | 7:25 am
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POSITIVE IMPACT
Community Healthcare Trust has increased its quarterly cash dividend, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100