Community Healthcare Trust (CHCT) Raises Quarterly Dividend 1.2% to $0.425; 3.6% Yield

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Community Healthcare Trust (CHCT) Reports In-Line Q3 EPS, Revenues Beat

November 3, 2020 4:48 PM EST

Community Healthcare Trust (NYSE: CHCT) reported Q3 EPS of $0.22, in-line with the analyst estimate of $0.22. Revenue for the quarter came in at $19.34 million versus the consensus estimate of $18.66 million.

Highlights include:

During the third quarter of 2020, the Company issued, through its at-the-market offering program ("ATM Program"), 536,839 shares of common stock at an average gross sales price of $47.40 per share and received net proceeds of approximately $24.9 million at an... More