American Healthcare REIT, Inc. (NYSE:AHR) Plans Quarterly Dividend of $0.25

American Healthcare REIT, Inc. (NYSE:AHR) declared a quarterly dividend on Friday, March 15th, NASDAQ reports. Investors of record on Thursday, March 28th will be given a dividend of 0.25 per share on Friday, April 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Wednesday, March 27th.

American Healthcare REIT Stock Down 1.9 %

Shares of NYSE:AHR traded down $0.27 during mid-day trading on Tuesday, reaching $14.30. 89,537 shares of the company were exchanged, compared to its average volume of 872,183. American Healthcare REIT has a 1 year low of $12.63 and a 1 year high of $14.85.

Insider Activity

In other news, Director Mathieu B. Streiff bought 83,333 shares of the stock in a transaction dated Friday, February 9th. The shares were acquired at an average price of $12.00 per share, with a total value of $999,996.00. Following the completion of the acquisition, the director now directly owns 90,740 shares in the company, valued at $1,088,880. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AHR. KeyCorp began coverage on shares of American Healthcare REIT in a research report on Monday, March 4th. They set an “overweight” rating and a $16.00 price objective for the company. Citigroup initiated coverage on shares of American Healthcare REIT in a report on Monday, March 4th. They set a “neutral” rating and a $14.00 target price on the stock. JMP Securities reiterated a “market outperform” rating and set a $16.00 target price on shares of American Healthcare REIT in a report on Monday. Barclays initiated coverage on shares of American Healthcare REIT in a report on Thursday, March 14th. They issued an “overweight” rating and a $18.00 price objective on the stock. Finally, Royal Bank of Canada assumed coverage on shares of American Healthcare REIT in a report on Monday, March 4th. They issued an “outperform” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, American Healthcare REIT has an average rating of “Moderate Buy” and an average target price of $16.00.

About American Healthcare REIT

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.