Healthpeak Properties, Inc.
DOCReal Estate · Stock · monthly payer
Forward Yield
5.42%
Annual Dividend
$1.22
Payout Ratio
381%
5-Yr Growth
-22.7%
Ex-Date
Jul 20, 2026
Frequency
Monthly
Summary
As of July 2026, Healthpeak Properties, Inc. (DOC) yields 5.42% ($1.22 per share annually), with a blended fair-value estimate of $15.06 — -33% downside, so it screens as overvalued. Dividend safety grade: C (55/100).
Is DOC a good dividend stock?
MixedHealthpeak Properties, Inc. (DOC) pays a monthly dividend yielding 5.42% ($1.22/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (381%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.42%
- Payout Ratio
- 381%
- Annual Dividend
- $1.22
- 5-Yr Avg Growth
- -22.7%
- Ex-Dividend Date
- Jul 20, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.00
- Market Cap
- $15.5B
- P/E Ratio
- 70.3
- 5-Yr Total Return
- -37%
- 52-Week Range
- $15.70 – $22.62
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
DOC Price — Last 12 Months
Daily close
Price Return
1 Year
+25%
3 Years
+9%
5 Years
-37%
52-Week Range
$15.70 – $22.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DOC worth?
Overvaluedlow confidenceOur blended fair-value estimate for Healthpeak Properties, Inc. is $15.06 per share, versus a market price of $22.51. That implies 33% of downside.
Fair Value
$15.06
Current Price
$22.51
Downside
-33%
Margin of Safety
-49%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.32 EPS, $1.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DOC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $0.1020 | regular |
| May 18, 2026 | — | $0.1020 | regular |
| Apr 17, 2026 | — | $0.1020 | regular |
| Mar 17, 2026 | — | $0.1020 | regular |
| Feb 13, 2026 | — | $0.1020 | regular |
| Jan 16, 2026 | — | $0.1020 | regular |
| Dec 19, 2025 | — | $0.1020 | regular |
| Nov 14, 2025 | — | $0.1020 | regular |
| Oct 17, 2025 | — | $0.1020 | regular |
| Sep 19, 2025 | — | $0.1020 | regular |
| Aug 18, 2025 | — | $0.1020 | regular |
| Jul 18, 2025 | — | $0.1020 | regular |
| Jun 16, 2025 | — | $0.1020 | regular |
| May 19, 2025 | — | $0.1020 | regular |
Income Calculator
At $1.22 / yr per share
