American Healthcare REIT, Inc. current report, 11 June 2019

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SEC Filing Summary: Griffin-American Healthcare REIT IV, Inc.

Business Context and Reporting Period

This Form 8-K Current Report, dated June 11, 2019, covers the 2019 Annual Meeting of Stockholders held on that date. The registrant, Griffin-American Healthcare REIT IV, Inc., is an emerging growth company incorporated in Maryland. The filing details the results of shareholder votes and the authorization of new dividend distributions.

Key Financial Metrics

The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to dividend policy:

  • Daily Distribution Rate: $0.001643836 per share for Class T and Class I stockholders.
  • Annualized Distribution: $0.60 per share.
  • Payment Period: Distributions cover the period from July 1, 2019, to September 30, 2019.
  • Payment Method: Paid in cash or reinvested shares monthly in arrears (August, September, and October 2019).

Material Changes and Corporate Actions

Two primary corporate actions were executed at the Annual Meeting:

  1. Director Elections: Stockholders approved the election of five directors for one-year terms expiring at the 2020 Annual Meeting. All nominees received significant support with "Shares For" ranging from approximately 22.4 million to 22.5 million.
  2. Accounting Firm Ratification: Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2019.

Guidance, Outlook, and Risks

The filing contains no forward-looking guidance, management commentary on market conditions, or specific risk factors beyond the standard disclosure that distributions are payable "only from legally available funds." The authorization of the distribution indicates management's intent to maintain the $0.60 annualized yield for the specified quarter.

Investor Verification Checklist

  • Verify the total number of outstanding shares to calculate the aggregate cash outflow for the new distribution period.
  • Confirm the specific record dates for the July, August, and September 2019 distribution periods.
  • Review the definitive proxy statement (Schedule 14A filed April 11, 2019) for detailed biographies of the newly elected directors.
  • Check subsequent filings to confirm the actual payment of distributions in August, September, and October 2019.