Healthcare Realty: No Reason For Dividend Investors To Become Bullish

buzbuzzer My previous article on Healthcare Realty Trust (NYSE:HR) was issued right after the REIT published its Q1, 2024 earnings deck. The recommendation was to avoid investing in HR, even though in the near-term one could expect some value crystallization from notable JV and full asset disposals at enticing cap rates. The reason to stay away from HR was related to HR's unsustainable dividend, which at that time was not fully covered by the underlying FAD generation for several quarters in a row. My conce ...