Global Medical REIT Inc. Board Declares 2023 Third Quarter Common and Preferred Dividends
September 08 2023 - 7:00AM
Business Wire
Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or
“GMRE”), a net-lease medical office real estate investment trust
(REIT) that acquires healthcare facilities and leases those
facilities to physician groups and regional and national healthcare
systems, announced today that its Board of Directors (“Board”) has
declared the Company’s 2023 third quarter common and preferred
dividends.
Common Dividend
The Board has declared the Company’s 2023 third quarter cash
dividend of $0.21 per share of common stock and unit, which will be
paid October 10, 2023 to common stockholders and unitholders of
record as of September 22, 2023.
Series A Preferred Dividend
The Board has also declared a quarterly cash dividend of
$0.46875 per share on its Series A Cumulative Redeemable Preferred
Stock, $0.001 par value per share (the “Series A Preferred Stock”),
which will be paid on October 31, 2023, to Series A Preferred
stockholders of record as of October 15, 2023. This represents the
Company’s quarterly dividend on its Series A Preferred Stock for
the period from July 31, 2023 through October 30, 2023.
About Global Medical REIT Inc.
Global Medical REIT is a net-lease medical office REIT that
acquires healthcare facilities and leases those facilities to
physician groups and regional and national healthcare systems.
Additional information on GMRE can be obtained on its website at
www.globalmedicalreit.com.
Forward-Looking Statements
Certain statements contained herein may be considered
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995, and it is the Company’s
intent that any such statements be protected by the safe harbor
created thereby. These forward-looking statements are identified by
their use of terms and phrases such as "anticipate," "believe,"
"could," "estimate," "expect," "intend," "may," "should," "plan,"
"predict," "project," "will," "continue" and other similar terms
and phrases, including references to assumptions and forecasts of
future results. Except for historical information, the statements
set forth herein including, but not limited to, any statements
regarding our earnings, our liquidity, our tenants’ ability to pay
rent to us, expected financial performance (including future cash
flows associated with new tenants or the expansion of current
properties), future dividends or other financial items; any other
statements concerning our plans, strategies, objectives and
expectations for future operations and future portfolio occupancy
rates, our pipeline of acquisition opportunities and expected
acquisition activity, including the timing and/or successful
completion of any acquisitions and expected rent receipts on these
properties, our expected disposition activity, including the timing
and/or successful completion of any dispositions and the expected
use of proceeds therefrom, and any statements regarding future
economic conditions or performance are forward-looking 7
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although the Company believes that
the expectations, estimates and assumptions reflected in its
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of the
Company’s forward-looking statements. Additional information
concerning us and our business, including additional factors that
could materially and adversely affect our financial results,
include, without limitation, the risks described under Part I, Item
1A - Risk Factors, in our Annual Report on Form 10-K, our Quarterly
Reports on Form 10-Q, and in our other filings with the SEC. You
are cautioned not to place undue reliance on forward-looking
statements. The Company does not intend, and undertakes no
obligation, to update any forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20230908986327/en/
Investors: Stephen Swett Stephen.swett@icrinc.com (203)
682-8377
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