DOC stock dividend – Physicians Realty Trust Declares Dividend of $0.23 Per Share
December 22, 2023
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Physicians Realty Trust ($NYSE:DOC) (NYSE:DOC) recently announced a quarterly dividend of $0.23 per share. Physicians Realty Trust is a healthcare real estate investment trust that acquires, owns, and manages medical office buildings and other healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The company focuses on investments in medical office buildings and healthcare-related facilities, such as freestanding ambulatory surgery centers and urgent care centers. Physician Realty Trust is headquartered in Milwaukee, Wisconsin and is traded on the New York Stock Exchange.
Dividends – DOC stock dividend
The dividend yields from 2021 to 2023 are 6.21%, 5.51%, and 4.97%, respectively, with an average dividend yiled of 5.56%. This is an attractive dividend yield and could be a good option for investors who are looking for dividend stocks. The company has a history of stable dividends and is well-positioned to provide further dividends in the future. Investors should do their own research to ensure that this stock is right for them.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for DOC. More…
| Total Revenues | Net Income | Net Margin |
| 540.56 | 46.51 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for DOC. More…
| Operations | Investing | Financing |
| 261.96 | -61.52 | -7.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for DOC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.21k | 2.26k | 11.83 |
Key Ratios Snapshot
Some of the financial key ratios for DOC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 23.6% |
| FCF Margin | ROE | ROA |
| – | – | – |
Market Price
On Thursday, Physicians Realty Trust (PHYSICIANS REALTY TRUST) declared a dividend of $0.23 per share, following a day of trading that saw its stock close at $13.1, a 0.4% dip from the prior closing price of $13.1. This is the sixth consecutive quarter that the company has paid a dividend of the same rate – indicating that the company’s financial health is steady and reliable. For trend-minded investors, this news may come as an indication that PHYSICIANS REALTY TRUST is a viable option for steady and reliable returns. Live Quote…
Analysis – DOC Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of PHYSICIANS REALTY TRUST’s wellbeing and have found that the intrinsic value of its share is around $16.0. Our proprietary Valuation Line was used to make this calculation and the results were very promising. Currently, PHYSICIANS REALTY TRUST stock is being traded at $13.1, making it slightly undervalued by 18.2%. This means that investors are taking advantage of a good opportunity to invest in this stock while it remains fairly priced. We believe that PHYSICIANS REALTY TRUST is a great option for those looking to take advantage of a profitable investment opportunity. More…
Peers
The company competes with Healthcare Trust of America Inc, Global Medical REIT Inc, and Healthcare Realty Trust Inc.
– Healthcare Trust of America Inc ($NYSE:GMRE)
Global Medical REIT Inc is a publicly traded real estate investment trust focused on owning and leasing healthcare facilities. The company’s portfolio consists of medical office buildings, outpatient centers, senior housing, and other healthcare-related properties. As of 2022, the company’s market cap was 571.32M.
– Global Medical REIT Inc ($NYSE:HR)
Healthcare Realty Trust Incorporated is a real estate investment trust, which engages in the ownership, management, and development of healthcare properties. It operates through the following segments: Medical Office, On-Campus, In-fill, and Wellness. The company was founded by D. Edward Aldrich Jr. and John W. Heagy in January 1993 and is headquartered in Nashville, TN.
Summary
Physicians Realty Trust (PHYS) is a diversified healthcare real estate investment trust (REIT) focused on acquiring, owning, and managing healthcare properties that are leased to physicians, hospitals, and healthcare delivery systems. This suggests that PHYS has strong financial position and steady cash flows to support their dividend distributions. Investors should consider PHYS as a reliable income stream, given its long-term track record of success in the healthcare real estate sector.
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