SCOTTSDALE, Ariz., Nov. 4, 2013 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE: HTA) ("HTA") announced today that its board of directors declared a cash dividend for the quarter ending December 31, 2013. The dividend will be paid on January 3, 2014 to stockholders of record on December 27, 2013. This dividend, in the amount of $0.14375 per share, represents an annualized rate of $0.575 per share and will be paid on all Class A shares. This represents an annualized yield of 5.0% based on the closing price of HTA's Class A common stock on November 1, 2013.
The amount of dividends 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 under the Internal Revenue Code. HTA's board of directors may reduce its dividend rate and HTA cannot guarantee the amount of dividends paid in the future, if any.
About Healthcare Trust of America, Inc.Healthcare Trust of America, Inc. (NYSE:HTA) is a publicly traded real estate investment trust and a leading owner of medical office buildings. HTA is a full-service real estate company focused on acquiring, owning and operating high-quality medical office buildings that are predominantly located on or aligned with campuses of nationally or regionally recognized healthcare systems in the U.S. Since its formation in 2006, HTA has built a portfolio of properties that totals approximately $2.8 billion based on purchase price and is comprised of approximately 13.6 million square feet of gross leasable area located in 27 states. It operates its properties through regional offices in Scottsdale, Charleston, Atlanta, and Indianapolis. For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.