Current Yield
5.64%
TTM Dividend/Share
$1.22
Payment Frequency
Monthly
Payout Ratio
386.8%
Consecutive Growth Years
0
Key takeaways
- Healthpeak Properties (DOC) currently yields 5.64%, paying $1.22 per share over the trailing twelve months, distributed monthly.
- Payout ratio is 386.8% — the share of earnings distributed as dividends.
- 4 of 8 dividend safety checks passed.
- 5-year dividend CAGR of -12.66% (growth is decelerating).
Dividend yield valuation for Healthpeak Properties (DOC)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 5.64% |
1-year average yield | 7.59%now 1.95 pp below |
3-year average yield | 6.49%now 0.85 pp below |
5-year average yield | 5.52%now 0.12 pp above |
DOC: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Healthpeak Properties (DOC)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | -7.0% |
FCF payout ratio | 17.9% |
Net debt / EBITDA | 5.3x |
Interest coverage | 1.65x |
ROIC (TTM) | 3.0% |
Dividend safety score for Healthpeak Properties (DOC)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 8 checks passed
Payout ratio below 75%
Payout ratio is 386.8%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $335M — FCF fully covers the payout.
No dividend cuts in 10+ years
34 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 17.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-12.7%) ≤ EPS growth (25.2%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
214 payments from 1985 to 2026 · Adj. Dividend is split-adjusted
| Jun 15, 2026 | Jun 26, 2026 | $0.1017 | $0.1017 |
| May 18, 2026 | May 29, 2026 | $0.1017 | $0.1017 |
| Apr 17, 2026 | Apr 30, 2026 | $0.1017 | $0.1017 |
| Mar 17, 2026 | Mar 31, 2026 | $0.1017 | $0.1017 |
| Feb 13, 2026 | Feb 27, 2026 | $0.1017 | $0.1017 |
| Jan 16, 2026 | Jan 30, 2026 | $0.1017 | $0.1017 |
| Dec 19, 2025 | Dec 30, 2025 | $0.1017 | $0.1017 |
| Nov 14, 2025 | Nov 26, 2025 | $0.1017 | $0.1017 |
| Oct 17, 2025 | Oct 30, 2025 | $0.1017 | $0.1017 |
| Sep 19, 2025 | Sep 30, 2025 | $0.1017 | $0.1017 |
| Aug 18, 2025 | Aug 29, 2025 | $0.1017 | $0.1017 |
| Jul 18, 2025 | Jul 31, 2025 | $0.1017 | $0.1017 |
- Jun 15, 2026$0.1017
- May 18, 2026$0.1017
- Apr 17, 2026$0.1017
- Mar 17, 2026$0.1017
- Feb 13, 2026$0.1017
- Jan 16, 2026$0.1017
- Dec 19, 2025$0.1017
- Nov 14, 2025$0.1017
- Oct 17, 2025$0.1017
- Sep 19, 2025$0.1017
- Aug 18, 2025$0.1017
- Jul 18, 2025$0.1017
Historical dividend yield for Healthpeak Properties (DOC)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 7.59%5Y: 5.52%10Y: 5.48%
Dividend per share for Healthpeak Properties (DOC)
CAGR (per year)1Y: -14.69%5Y: -12.66%10Y: -7.75%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1985 | $0.18 | 2 |
| 1986 | $0.57 | 4 |
| 1987 | $0.56 | 4 |
| 1988 | $0.60 | 4 |
| 1989 | $0.65 | 5 |
| 1990 | $0.69 | 4 |
| 1991 | $0.74 | 4 |
| 1992 | $0.79 | 4 |
| 1993 | $0.84 | 4 |
| 1994 | $0.90 | 4 |
| 1995 | $0.97 | 4 |
| 1996 | $1.05 | 4 |
| 1997 | $1.12 | 4 |
| 1998 | $1.19 | 4 |
| 1999 | $1.27 | 4 |
| 2000 | $1.34 | 4 |
| 2001 | $1.41 | 4 |
| 2002 | $1.48 | 4 |
| 2003 | $1.51 | 4 |
| 2004 | $1.52 | 4 |
| 2005 | $1.53 | 4 |
| 2006 | $1.55 | 4 |
| 2007 | $1.62 | 4 |
| 2008 | $1.66 | 4 |
| 2009 | $1.68 | 4 |
| 2010 | $1.69 | 4 |
| 2011 | $1.75 | 4 |
| 2012 | $1.82 | 4 |
| 2013 | $1.91 | 4 |
| 2014 | $2.66 | 7 |
| 2015 | $2.73 | 7 |
| 2016 | $2.84 | 8 |
| 2017 | $2.39 | 8 |
| 2018 | $2.40 | 8 |
| 2019 | $2.40 | 8 |
| 2020 | $2.40 | 8 |
| 2021 | $2.12 | 8 |
| 2022 | $2.12 | 8 |
| 2023 | $2.12 | 8 |
| 2024 | $1.43 | 5 |
| 2025 | $1.22 | 10 |
| 2026 | $0.61 | 6 |
Dividend growth for Healthpeak Properties (DOC)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 30 year-over-year increases across 40 calendar years of data (1986–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $1.2200 | — | — |
| 2025 | $1.4300 | $1.2200 | -14.7% |
| 2024 | $2.1200 | $1.4300 | -32.5% |
| 2023 | $2.1200 | $2.1200 | 0.0% |
| 2022 | $2.1200 | $2.1200 | 0.0% |
| 2021 | $2.4000 | $2.1200 | -11.7% |
| 2020 | $2.4000 | $2.4000 | 0.0% |
| 2019 | $2.4000 | $2.4000 | 0.0% |
| 2018 | $2.3900 | $2.4000 | +0.4% |
| 2017 | $2.8404 | $2.3900 | -15.9% |
| 2016 | $2.7327 | $2.8404 | +3.9% |
| 2015 | $2.6598 | $2.7327 | +2.7% |
| 2014 | $1.9126 | $2.6598 | +39.1% |
| 2013 | $1.8215 | $1.9126 | +5.0% |
| 2012 | $1.7486 | $1.8215 | +4.2% |
| 2011 | $1.6940 | $1.7486 | +3.2% |
| 2010 | $1.6758 | $1.6940 | +1.1% |
| 2009 | $1.6576 | $1.6758 | +1.1% |
| 2008 | $1.6211 | $1.6576 | +2.2% |
| 2007 | $1.5483 | $1.6211 | +4.7% |
| 2006 | $1.5300 | $1.5483 | +1.2% |
| 2005 | $1.5223 | $1.5300 | +0.5% |
| 2004 | $1.5118 | $1.5223 | +0.7% |
| 2003 | $1.4845 | $1.5118 | +1.8% |
| 2002 | $1.4117 | $1.4845 | +5.2% |
| 2001 | $1.3388 | $1.4117 | +5.4% |
| 2000 | $1.2659 | $1.3388 | +5.8% |
| 1999 | $1.1931 | $1.2659 | +6.1% |
| 1998 | $1.1202 | $1.1931 | +6.5% |
| 1997 | $1.0474 | $1.1202 | +7.0% |
| 1996 | $0.9745 | $1.0474 | +7.5% |
| 1995 | $0.9016 | $0.9745 | +8.1% |
| 1994 | $0.8397 | $0.9016 | +7.4% |
| 1993 | $0.7853 | $0.8397 | +6.9% |
| 1992 | $0.7364 | $0.7853 | +6.6% |
| 1991 | $0.6908 | $0.7364 | +6.6% |
| 1990 | $0.6453 | $0.6908 | +7.1% |
| 1989 | $0.5997 | $0.6453 | +7.6% |
| 1988 | $0.5601 | $0.5997 | +7.1% |
| 1987 | $0.5750 | $0.5601 | -2.6% |
| 1986 | — | $0.5750 | — |
- 2026—
- 2025$1.2200
- 2024$1.4300
- 2023$2.1200
- 2022$2.1200
- 2021$2.1200
- 2020$2.4000
- 2019$2.4000
- 2018$2.4000
- 2017$2.3900
- 2016$2.8404
- 2015$2.7327
- 2014$2.6598
- 2013$1.9126
- 2012$1.8215
- 2011$1.7486
- 2010$1.6940
- 2009$1.6758
- 2008$1.6576
- 2007$1.6211
- 2006$1.5483
- 2005$1.5300
- 2004$1.5223
- 2003$1.5118
- 2002$1.4845
- 2001$1.4117
- 2000$1.3388
- 1999$1.2659
- 1998$1.1931
- 1997$1.1202
- 1996$1.0474
- 1995$0.9745
- 1994$0.9016
- 1993$0.8397
- 1992$0.7853
- 1991$0.7364
- 1990$0.6908
- 1989$0.6453
- 1988$0.5997
- 1987$0.5601
- 1986$0.5750
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Healthpeak Properties (DOC) Key Financials
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