Physicians Realty Trust (NYSE:DOC) announced a quarterly dividend on Friday, September 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, October 3rd will be given a dividend of 0.23 per share by the real estate investment trust on Wednesday, October 18th. This represents a $0.92 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date of this dividend is Monday, October 2nd.

Physicians Realty Trust has a dividend payout ratio of 86.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Research analysts expect Physicians Realty Trust to earn $1.17 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 78.6%.

Physicians Realty Trust (NYSE:DOC) traded down 0.99% during mid-day trading on Friday, reaching $18.06. The company’s stock had a trading volume of 1,331,754 shares. Physicians Realty Trust has a 12-month low of $17.12 and a 12-month high of $21.95. The company has a 50-day moving average price of $18.39 and a 200-day moving average price of $19.44. The firm has a market cap of $2.84 billion, a PE ratio of 77.18 and a beta of 0.55.

Physicians Realty Trust (NYSE:DOC) last posted its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The firm had revenue of $76.60 million during the quarter, compared to analyst estimates of $80.48 million. Physicians Realty Trust had a return on equity of 1.75% and a net margin of 11.51%. Physicians Realty Trust’s revenue was up 43.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 EPS. On average, equities research analysts expect that Physicians Realty Trust will post $0.26 earnings per share for the current year.

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A number of brokerages have issued reports on DOC. Zacks Investment Research lowered Physicians Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 30th. Jefferies Group LLC lowered Physicians Realty Trust from a “hold” rating to an “underperform” rating and cut their price objective for the company from $21.00 to $17.00 in a research report on Friday, July 7th. UBS AG lowered Physicians Realty Trust from a “strong-buy” rating to an “outperform” rating in a research report on Monday, July 17th. Cantor Fitzgerald restated a “buy” rating and set a $23.00 price objective on shares of Physicians Realty Trust in a research report on Friday, June 30th. Finally, Morgan Stanley upgraded Physicians Realty Trust from an “underweight” rating to an “equal weight” rating and set a $18.00 price objective for the company in a research report on Monday, July 24th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $20.67.

Physicians Realty Trust Company Profile

Physicians Realty Trust (the Trust) is a real estate investment trust. Physicians Realty L.P. is the operating partnership of the Trust. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.

Dividend History for Physicians Realty Trust (NYSE:DOC)

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