American Healthcare REIT, Inc. (NYSE:AHR) Announces Quarterly Dividend of $0.25

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Wednesday, March 19th, Wall Street Journal reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.25 per share on Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Monday, March 31st.

American Healthcare REIT Stock Performance

Shares of AHR traded down $0.28 during trading hours on Thursday, reaching $29.86. 1,823,834 shares of the company traded hands, compared to its average volume of 1,619,017. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The business has a fifty day moving average price of $28.68 and a 200-day moving average price of $27.18. American Healthcare REIT has a 12-month low of $12.81 and a 12-month high of $30.97. The stock has a market capitalization of $4.70 billion and a P/E ratio of -62.20.

Analyst Upgrades and Downgrades

AHR has been the topic of several research analyst reports. Citigroup reiterated an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Royal Bank of Canada reissued an “outperform” rating and set a $34.00 price target on shares of American Healthcare REIT in a research report on Wednesday. Morgan Stanley upped their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Finally, JMP Securities set a $35.00 target price on shares of American Healthcare REIT in a report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $30.83.

American Healthcare REIT Company Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.