Ventas Declares Second Quarter 2020 Dividend
Posts Updated Investor Presentation Outlining Recent Business Trends
“To further our commitment to maintaining a strong balance sheet, liquidity and financial flexibility, the Ventas Board has declared a second quarter dividend of
“In our Senior Housing Operating Portfolio, leading indicators are improving, including move-ins and leads, and certain senior housing operators are planning to open many of our communities to a more robust resident experience by early July. However, as a result of COVID-19, our Senior Housing Operating Portfolio occupancy continues to decline, and costs are higher, the combination of which is having a material effect on our financial results. Ventas continues to benefit from its diverse portfolio, with ongoing strength in our
Based on improved capital market conditions and further clarity on second quarter expectations, the Company intends to repay
The Ventas Board of Directors will continue to evaluate the Company’s financial performance, expectations, business and clinical conditions and macro trends, and other factors it deems relevant, to determine future dividends.
Ventas announced today that it has posted a presentation outlining its recent business trends to the “Investor Presentations” section of the Company’s website at https://www.ventasreit.com/investor-presentations.
The Company routinely announces material information to investors and the marketplace using press releases,
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s or its tenants’, operators’, borrowers’ or managers’ expected future financial condition, results of operations, cash flows, funds from operations, dividends and dividend plans, financing opportunities and plans, capital markets transactions, business strategy, budgets, projected costs, operating metrics, capital expenditures, competitive positions, acquisitions, investment opportunities, dispositions, merger or acquisition integration, growth opportunities, expected lease income, continued qualification as a real estate investment trust (“REIT”), plans and objectives of management for future operations and statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will” and other similar expressions are forward-looking statements. These forward-looking statements are inherently uncertain, and actual results may differ from the Company’s expectations. The Company does not undertake a duty to update these forward-looking statements, which speak only as of the date on which they are made.
The Company’s actual future results and trends may differ materially from expectations depending on a variety of factors discussed in the Company’s filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20200619005191/en/
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