Strawberry Fields REIT, Inc. Declares Cash Dividend, Payable on December 20, 2022; Provides Dividend Guidance for 2023
November 22, 2022 at 07:30 pm IST
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Strawberry Fields REIT Inc. announced that its Board of Directors has authorized and the company has declared a cash dividend on its common stock in the amount of $0.10 per share. The Dividend will be payable in cash on December 20, 2022, to stockholders of record as of the close of business on December 2, 2022.
For 2023, the Company currently expects that it will be able to make quarterly cash dividends in the range of $0.10 to $0.15 per share. This guidance is based on the Company's current plans and assumptions and subject to risks and uncertainties more fully and the company's reports filed with the Securities and Exchange Commission.
Strawberry Fields REIT, Inc. is a self-administered real estate investment trust. The Company is engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Companyâs portfolio includes 107 healthcare facilities with an aggregate of 12,203 beds, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee, and Texas. The Companyâs 107 healthcare facilities comprise 97 skilled nursing facilities, eight assisted living facilities, and two long-term acute care hospitals. The Company's portfolio includes Infinity Healthcare of Illinois, BRIA Health Services, Infinity Healthcare of Indiana, Green Park Healthcare Management, Infinity Healthcare of Tennessee, The Blossoms at Arkansas, The Landmark Group and more.