Business Context and Reporting Period
Company: Healthcare Trust of America, Inc. (NYSE: HTA)
Filing Type: Form 8-K (Current Report)
Report Date: April 30, 2013 (Event Date: April 26, 2013)
Context: The filing announces a quarterly cash dividend declaration by the Board of Directors for the quarter ending June 30, 2013.
Key Financial Metrics
The filing focuses on dividend distribution details rather than comprehensive financial statements. Key metrics provided include:
- Quarterly Dividend: $0.14375 per share.
- Annualized Dividend Rate: $0.575 per share.
- Share Classes: Applies to both Class A and Class B shares.
- Annualized Yield: 4.6% (based on the closing price of Class A common stock on April 29, 2013).
- Payment Date: July 3, 2013.
- Record Date: June 27, 2013.
Note: The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
This report does not disclose material changes to financial performance compared to prior periods. It solely reports the Board's decision to declare a specific dividend amount for the upcoming quarter.
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 tax status requirements.
Risks and Contingencies:
- The Board may reduce the distribution rate in the future.
- HTA cannot guarantee the amount of distributions paid in the future, if any.
Investor Verification Checklist
- Verify the record date (June 27, 2013) to ensure eligibility for the July 3, 2013 payment.
- Confirm the 4.6% yield calculation against current market prices, as it is based on the April 29, 2013 closing price.
- Review upcoming quarterly reports for actual funds available for distribution and capital expenditure needs.
- Monitor future Board announcements for any changes to the dividend rate or payment schedule.