Healthcare Realty Trust Incorporated
HRReal Estate · Stock · quarterly payer
Forward Yield
4.50%
Annual Dividend
$0.96
Payout Ratio
252%
5-Yr Growth
-2.2%
Ex-Date
May 11, 2026
Frequency
Quarterly
Summary
As of July 2026, Healthcare Realty Trust Incorporated (HR) yields 4.50% ($0.96 per share annually), with a blended fair-value estimate of $24.92 — +17% upside, so it screens as undervalued. Dividend safety grade: C (51/100).
Is HR a good dividend stock?
MixedHealthcare Realty Trust Incorporated (HR) pays a quarterly dividend yielding 4.50% ($0.96/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 (252%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.50%
- Payout Ratio
- 252%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- -2.2%
- Ex-Dividend Date
- May 11, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $7.5B
- P/E Ratio
- —
- 5-Yr Total Return
- -29%
- 52-Week Range
- $15.29 – $21.47
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
HR Price — Last 12 Months
Daily close
Price Return
1 Year
+23%
3 Years
+22%
5 Years
-29%
52-Week Range
$15.29 – $21.47
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HR worth?
Undervaluedlow confidenceOur blended fair-value estimate for Healthcare Realty Trust Incorporated is $24.92 per share, versus a market price of $21.32. That implies 17% of upside — a margin of safety of about 14%.
Fair Value
$24.92
Current Price
$21.32
Upside
+17%
Margin of Safety
14%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.4% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, -$0.58 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HR 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 |
|---|---|---|---|
| May 11, 2026 | — | $0.2400 | regular |
| Feb 24, 2026 | — | $0.2400 | regular |
| Nov 10, 2025 | — | $0.2400 | regular |
| Aug 14, 2025 | — | $0.2400 | regular |
| May 12, 2025 | — | $0.3100 | regular |
| Mar 3, 2025 | — | $0.3100 | regular |
| Nov 12, 2024 | — | $0.3100 | regular |
| Aug 12, 2024 | — | $0.3100 | regular |
| May 10, 2024 | — | $0.3100 | regular |
| Feb 23, 2024 | — | $0.3100 | regular |
| Nov 13, 2023 | — | $0.3100 | regular |
| Aug 14, 2023 | — | $0.3100 | regular |
| May 15, 2023 | — | $0.3100 | regular |
| Mar 6, 2023 | — | $0.3100 | regular |
Income Calculator
At $0.96 / yr per share
