Here’s what you should know:
1. The company had net income attributable to common stockholders of $5.8 million or $0.18 per diluted common share. A large increase over Q4 2016’s $1.9 million or $0.06 per share.
2. In the fourth quarter, the company acquired an acute surgical care hospital and committed to constructing a residential treatment facility. Botn investments totaled $11 million.
3. The company declared a cash dividend of $0.21 per share for the fourth quarter of 2017.
4. The company projects a net income of $0.63 per share in 2018.
5. Concerning full-year 2017 results, the company invested $91.2 million at a weighted average initial yield of 9.1 percent.
6. The company made inroads in three new states and with five new tenant relationships. The company also entered the behavioral health sector.
7. The company reported net income of $0.64 per share for the quarter.
Company CEO and Chairman John McRoberts said, “We finished 2017 solidly within our guidance issued at the beginning of last year. We were also able to improve the diversification of the portfolio by adding five new client relationships and expanding into the behavioral health segment of healthcare with two leading operators. I am excited about the momentum we have coming into 2018, and our balance sheet is well positioned to support our continued growth during the year.”
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