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Healthcare REIT Cuts Dividend and Expenses, Continues to Fund Developments

Welltower Completes $398 Million in First Quarter 2020 Acquisitions
By Thomas Buchanan
CoStar Research
May 15, 2020 | 3:25 P.M.

Welltower, an Ohio-based real estate investment trust that invests in senior housing as well as post-acute care and outpatient medical facilities across the U.S., U.K. and Canada, announced in its 2020 first-quarter earnings call that it will pay 70% of its pre-COVID quarterly dividend.

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News | Healthcare REIT Cuts Dividend and Expenses, Continues to Fund Developments