SCOTTSDALE, Ariz., Dec. 12, 2012 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE:HTA) ("HTA") announced that certain HTA's Directors and Officers have collectively purchased over 95,000 Class A shares since December 6, 2012, when the Company's Class B-1 shares converted to Class A shares. These shares were discretionary purchases and were transacted on the open market.
These shares will qualify for the fourth quarter dividend of $0.14375 per share announced on October 26, 2012, assuming the shares remain held through December 31, 2012, the record date for this dividend. This dividend represents an annualized rate of $0.575 per share.
The amount of distributions HTA pays to its stockholders is determined by HTA's board of directors, at its discretion, and is dependent on a number of factors, including funds available for the payment of distributions, HTA's financial condition, capital expenditure requirements and annual distribution requirements needed to maintain HTA's status as a real estate investment trust, or REIT, under the Internal Revenue Code. HTA's board of directors may reduce its distribution rate and HTA cannot guarantee the amount of distributions paid in the future, if any.
About Healthcare Trust of America, Inc.Healthcare Trust of America, Inc. (NYSE:HTA), a publicly traded real estate investment trust, is a fully-integrated, leading owner of medical office buildings. HTA listed its shares on the New York Stock Exchange on June 6, 2012. HTA is a full-service real estate company focused on acquiring, owning and operating high-quality medical office buildings that are located on the campuses of nationally recognized healthcare systems in the major U.S. metropolitan areas. Since its formation in 2006, HTA has built a portfolio of properties that totals approximately $2.6 billion based on purchase price and is comprised of approximately 12.5 million square feet of gross leasable area located in 27 states. For more information on Healthcare Trust of America, Inc., please visit www.htareit.com. FORWARD-LOOKING LANGUAGE This press release contains certain forward-looking statements. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about HTA, stockholder value and earnings growth.