Community Healthcare Trust (CHCT) Reports Q4 FFI of $0.56

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Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2020

February 16, 2021 4:35 PM EST

FRANKLIN, Tenn., Feb. 16, 2021 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended December 31, 2020. The Company reported net income for the fourth quarter of approximately $5.2 million, or $0.21 per diluted common share. Funds from operations and adjusted funds from operations ("AFFO") for the three months ended December 31, 2020 totaled $0.53 and $0.56, respectively, per diluted common share. 

Highlights include:

During the fourth quarter of 2020, the Company issued, through its at-the-market offering program ("ATM Program"), 480,592 shares of common stock at an average... More