Diversified Healthcare Trust DHC
Diversified Healthcare Trust (DHC) operates as a real estate investment trust (REIT) specializing in healthcare properties. Its extensive portfolio comprises medical office buildings, life science facilities, senior living communities, and wellness centers located across the United States. DHC's management is provided by an operating subsidiary of The RMR Group Inc., an alternative asset management company headquartered in Newton, Massachusetts.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-24 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-06-01) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model DHC yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.54B | $-285.89M | $261.92M | $182.28M | $-19.62M |
| 2024 | $1.50B | $-370.25M | $285.06M | $229.96M | $112.22M |
| 2023 | $1.41B | $-293.57M | $283.84M | $198.93M | $10.48M |
| 2022 | $1.28B | $-15.77M | $239.53M | $427.79M | $-40.35M |
| 2021 | $1.38B | $174.51M | $271.13M | $708.25M | $-63.32M |
| 2020 | $1.63B | $-139.45M | $262.74M | $356.86M | $158.54M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-07-20 | 2026-07-20 | 2026-08-13 | 2026-07-09 | $0.01 | Quarterly |
| 2026-04-21 | 2026-04-21 | 2026-05-14 | 2026-04-09 | $0.01 | Quarterly |
| 2026-01-26 | 2026-01-26 | 2026-02-19 | 2026-01-15 | $0.01 | Quarterly |
| 2025-10-27 | 2025-10-27 | 2025-11-13 | 2025-10-09 | $0.01 | Quarterly |
| 2025-07-21 | 2025-07-21 | 2025-08-14 | 2025-07-10 | $0.01 | Quarterly |
| 2025-04-22 | 2025-04-22 | 2025-05-15 | 2025-04-10 | $0.01 | Quarterly |
| 2025-01-27 | 2025-01-27 | 2025-02-20 | 2025-01-16 | $0.01 | Quarterly |
| 2024-10-28 | 2024-10-28 | 2024-11-14 | 2024-10-16 | $0.01 | Quarterly |
| 2024-07-22 | 2024-07-22 | 2024-08-15 | 2024-07-11 | $0.01 | Quarterly |
| 2024-04-19 | 2024-04-22 | 2024-05-16 | 2024-04-11 | $0.01 | Quarterly |
| 2024-01-19 | 2024-01-22 | 2024-02-15 | 2024-01-11 | $0.01 | Quarterly |
| 2023-10-20 | 2023-10-23 | 2023-11-16 | 2023-10-12 | $0.01 | Quarterly |
| 2023-07-21 | 2023-07-24 | 2023-08-17 | 2023-07-13 | $0.01 | Quarterly |
| 2023-04-21 | 2023-04-24 | 2023-05-18 | 2023-04-13 | $0.01 | Quarterly |
| 2023-01-20 | 2023-01-23 | 2023-02-16 | 2023-01-12 | $0.01 | Quarterly |
| 2022-10-21 | 2022-10-24 | 2022-11-17 | 2022-10-13 | $0.01 | Quarterly |
| 2022-07-22 | 2022-07-25 | 2022-08-18 | 2022-07-14 | $0.01 | Quarterly |
| 2022-04-22 | 2022-04-25 | 2022-05-19 | 2022-04-14 | $0.01 | Quarterly |
| 2022-01-21 | 2022-01-24 | 2022-02-17 | 2022-01-13 | $0.01 | Quarterly |
| 2021-10-22 | 2021-10-25 | 2021-11-18 | 2021-10-14 | $0.01 | Quarterly |
| 2021-07-23 | 2021-07-26 | 2021-08-19 | 2021-07-15 | $0.01 | Quarterly |
| 2021-04-23 | 2021-04-26 | 2021-05-20 | 2021-04-15 | $0.01 | Quarterly |
| 2021-01-22 | 2021-01-25 | 2021-02-18 | 2021-01-14 | $0.01 | Quarterly |
| 2020-10-23 | 2020-10-26 | 2020-11-19 | 2020-10-15 | $0.01 | Quarterly |
Coverage (payout of operating cash flow): -48.99%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — DHC
Diversified Healthcare Trust: A Cautious Buy
Diversified Healthcare Trust $DHC Shares Bought by Bank of America Corp DE
Diversified Healthcare Trust (NASDAQ:DHC) Given Consensus Recommendation of “Moderate Buy” by Analysts
Dimensional Fund Advisors LP Purchases 138,708 Shares of Diversified Healthcare Trust $DHC
Diversified Healthcare Trust (DHC) Q2 2026 Earnings Call Transcript
Diversified Healthcare Trust Q2 Earnings Call Highlights
Diversified Healthcare (DHC) Q2 FFO Top Estimates
Diversified Healthcare Trust Announces Second Quarter 2026 Results
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.