Business Context and Reporting Period
Company: Healthcare Trust of America, Inc. (Note: Filing text identifies registrant as Healthcare Trust of America, Inc., distinct from the metadata name "Healthcare Realty Trust Inc.")
Filing Type: Form 8-K (Current Report)
Date of Report: March 13, 2012
Event: Authorization of monthly distributions by the Board of Directors.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on distribution policy.
- Distribution Rate: $0.00198630 per share per day.
- Annualized Yield: 7.25% (based on a share price of $10.00).
- Payment Date: May 2012.
- Payment Method: Cash or reinvestment in stock via DRIP.
Material Changes
The filing announces the specific distribution rate for April 2012. No comparative financial data or changes in operational metrics versus prior periods are provided in this document.
Guidance, Outlook, and Risks
Management Commentary: The Board determines distribution amounts at its discretion based on funds available, financial condition, capital expenditure requirements, and REIT status maintenance needs.
Risks and Contingencies:
- The Board may reduce the distribution rate in the future.
- Future distribution amounts are not guaranteed.
- Payments depend on the company's liquidity and capital needs.
Investor Verification Checklist
- Verify the current share price to calculate the actual yield, as the 7.25% figure is based on a $10.00 reference price.
- Confirm the company's REIT status and compliance with annual distribution requirements.
- Review the company's liquidity position and capital expenditure plans to assess the sustainability of the distribution rate.
- Check for any subsequent filings regarding changes to the distribution policy or financial condition.