REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.
Dividend Payout Ratio: 386.85%
Is the dividend payout ratio high or low?
The dividend payout ratio of 386.85% is 83% above its 5-year average of 211.53%, around the middle of its 5-year range (86.07%–523.07%).
As of Sunday, June 28, 2026. 5.39% below its 12-month average of 408.87%.
Dividend Payout Ratio (386.85%) = TTM Dividends/Share ($1.22) / TTM EPS ($0.32)
DOC Dividend Payout Ratio (TTM)
DOC Dividend Payout Ratio (TTM) Chart
386.85%
+38.53% 1Y
DOC Dividend Payout Ratio
DOC Average Dividend Payout Ratio Chart
DOC Dividend Payout Ratio
DOC Current vs Average Dividend Payout Ratio Chart
DOC Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
386.85%
DIVIDEND PAYOUT RATIO AVG TTM
408.87%
DIVIDEND PAYOUT RATIO AVG 3Y
283.59%
DIVIDEND PAYOUT RATIO AVG 5Y
208.18%
DIVIDEND PAYOUT RATIO AVG 10Y
182.08%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-5.39%
CURRENT VS 3Y AVG
+36.41%
CURRENT VS 5Y AVG
+85.82%
CURRENT VS 10Y AVG
+112.46%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.10 | $1.12 | N/A |
| 2024 | $0.36 | $1.20 | 333.3% |
| 2023 | $0.56 | $1.20 | 214.3% |
| 2022 | $0.92 | $1.06 | 115.2% |
| 2021 | $0.93 | $0.99 | 106.5% |
| 2020 | $0.77 | $1.06 | 137.7% |
| 2019 | $0.09 | $1.48 | N/A |
| 2018 | $2.25 | $1.48 | 65.8% |
| 2017 | $0.88 | $1.34 | 152.3% |
| 2016 | $1.34 | $1.34 | 100.3% |
| 2015 | ($1.21) | $2.06 | N/A (Loss) |
| 2014 | $2.01 | $1.49 | 74.1% |
| 2013 | $2.13 | $1.91 | 89.8% |
| 2012 | $1.90 | $1.82 | 95.9% |
| 2011 | $1.29 | $1.75 | 135.6% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Healthpeak Properties, Inc. (DOC)?
- The dividend payout ratio for DOC stock is 386.85%.
- Is Healthpeak Properties, Inc.'s dividend payout ratio high or low?
- The dividend payout ratio of 386.85% is 83% above its 5-year average of 211.53%, around the middle of its 5-year range (86.07%–523.07%).
- What is the TTM average dividend payout ratio for Healthpeak Properties, Inc. (DOC)?
- The TTM average dividend payout ratio for DOC stock is 408.87%.
- What is the 3Y average dividend payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 3Y average dividend payout ratio for DOC stock is 283.59%.
- What is the 5Y average dividend payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 5Y average dividend payout ratio for DOC stock is 208.18%.
- What is the 10Y average dividend payout ratio for Healthpeak Properties, Inc. (DOC)?
- The 10Y average dividend payout ratio for DOC stock is 182.08%.
DOC Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-26 | 386.85% |
| 2026-06-25 | 386.82% |
| 2026-06-23 | 386.84% |
| 2026-06-18 | 386.84% |
| 2026-06-16 | 386.84% |
| 2026-06-12 | 386.83% |
| 2026-06-10 | 386.81% |
| 2026-06-08 | 386.81% |
| 2026-06-04 | 386.80% |
| 2026-06-02 | 386.84% |
| 2026-05-29 | 386.85% |
| 2026-05-27 | 386.83% |
| 2026-05-22 | 386.85% |
| 2026-05-20 | 386.80% |
| 2026-05-18 | 419.03% |
| 2026-05-14 | 386.84% |
| 2026-05-12 | 386.80% |
| 2026-05-08 | 386.82% |
| 2026-05-06 | 386.85% |
| 2025-10-22 | 523.01% |
| 2025-10-20 | 523.07% |
| 2025-10-16 | 479.25% |
| 2025-10-14 | 479.28% |
| 2025-10-10 | 479.26% |
| 2025-10-08 | 479.30% |
| 2025-10-06 | 479.25% |
| 2025-10-02 | 479.30% |
| 2025-09-30 | 479.29% |
| 2025-09-26 | 479.26% |
| 2025-09-24 | 479.25% |
| 2025-09-22 | 479.28% |
| 2025-09-18 | 435.51% |
| 2025-09-16 | 435.53% |
| 2025-09-12 | 435.50% |
| 2025-09-10 | 435.50% |
| 2025-09-08 | 435.52% |
| 2025-09-04 | 435.53% |
| 2025-09-02 | 435.50% |
| 2025-08-28 | 435.49% |
| 2025-08-26 | 435.49% |
| 2025-08-22 | 435.51% |
| 2025-08-20 | 435.52% |
| 2025-08-18 | 435.51% |
| 2025-08-14 | 391.72% |
| 2025-08-12 | 391.73% |
| 2025-08-08 | 391.74% |
| 2025-08-06 | 391.76% |
| 2025-08-04 | 520.88% |
| 2025-07-31 | 520.86% |
| 2025-07-29 | 520.85% |
| 2025-07-25 | 520.85% |
| 2025-07-23 | 304.88% |
| 2025-07-21 | 304.87% |
| 2025-07-17 | 279.26% |
| 2025-07-15 | 279.24% |
| 2025-07-11 | 279.28% |
| 2025-07-09 | 279.27% |
| 2025-07-07 | 279.24% |
| 2025-07-02 | 279.23% |
| 2025-06-30 | 279.27% |
| 2025-06-26 | 279.24% |
| 2025-06-24 | 279.27% |
| 2025-06-20 | 279.22% |
| 2025-06-17 | 279.27% |
| 2025-06-13 | 253.64% |
| 2025-06-11 | 253.65% |
| 2025-06-09 | 253.62% |
| 2025-06-05 | 253.61% |
| 2025-06-03 | 253.63% |
| 2025-05-30 | 253.60% |
| 2025-05-28 | 253.60% |
| 2025-05-23 | 253.64% |
| 2025-05-21 | 253.61% |
| 2025-05-19 | 253.66% |
| 2025-05-15 | 228.00% |
| 2025-05-13 | 228.01% |
| 2025-05-09 | 228.04% |
| 2025-05-07 | 228.01% |
| 2025-05-05 | 228.00% |
| 2025-05-01 | 303.62% |
| 2025-04-29 | 303.62% |
| 2025-04-25 | 303.58% |
| 2025-04-23 | 347.16% |
| 2025-04-21 | 347.13% |
| 2025-04-16 | 347.17% |
| 2025-04-14 | 347.14% |
| 2025-04-10 | 347.18% |
| 2025-04-08 | 347.17% |
| 2025-04-04 | 347.18% |
| 2025-04-02 | 347.14% |
| 2025-03-31 | 347.14% |
| 2025-03-27 | 347.14% |
| 2025-03-25 | 347.15% |
| 2025-03-21 | 347.18% |
| 2025-03-19 | 347.17% |
| 2025-03-17 | 347.16% |
| 2025-03-13 | 347.18% |
| 2025-03-11 | 347.15% |
| 2025-03-07 | 347.16% |
| 2025-03-05 | 347.16% |
| 2025-03-03 | 347.15% |
| 2025-02-27 | 347.17% |
| 2025-02-25 | 347.19% |
| 2025-02-21 | 347.15% |
| 2025-02-19 | 347.16% |
| 2025-02-14 | 347.17% |
| 2025-02-12 | 259.27% |
| 2025-02-10 | 345.73% |
| 2025-02-06 | 345.75% |
| 2025-02-04 | 345.70% |
| 2025-01-31 | 254.87% |
| 2025-01-29 | 254.90% |
| 2025-01-27 | 254.89% |
| 2025-01-23 | 254.88% |
| 2025-01-21 | 254.89% |
| 2025-01-16 | 254.90% |
| 2025-01-14 | 254.90% |
| 2025-01-10 | 254.89% |
| 2025-01-07 | 254.89% |
| 2025-01-03 | 254.87% |
| 2024-12-31 | 254.86% |
| 2024-12-27 | 254.88% |
| 2024-12-24 | 254.89% |
| 2024-12-20 | 254.91% |
| 2024-12-18 | 254.89% |
| 2024-12-16 | 254.89% |
| 2024-12-12 | 254.91% |
| 2024-12-10 | 254.89% |
| 2024-12-06 | 254.87% |
| 2024-12-04 | 254.87% |
| 2024-12-02 | 254.91% |
| 2024-11-27 | 254.89% |
| 2024-11-25 | 254.90% |
| 2024-11-21 | 254.87% |
| 2024-11-19 | 254.86% |
| 2024-11-15 | 254.90% |
| 2024-11-13 | 254.91% |
| 2024-11-11 | 254.87% |
| 2024-11-07 | 254.89% |
| 2024-11-05 | 254.87% |
| 2024-11-01 | 254.90% |
| 2024-10-30 | 254.89% |
| 2024-10-28 | 254.87% |
| 2024-10-24 | 254.87% |
| 2024-10-22 | 254.87% |
| 2024-10-18 | 254.89% |
| 2024-10-16 | 254.86% |
| 2024-10-14 | 254.86% |
| 2024-10-10 | 254.90% |
| 2024-10-08 | 254.90% |
| 2024-10-04 | 254.86% |
| 2024-10-02 | 254.88% |
| 2024-09-30 | 254.90% |
| 2024-09-26 | 254.88% |
| 2024-09-24 | 254.86% |
| 2024-09-20 | 254.88% |
| 2024-09-18 | 254.86% |
| 2024-09-16 | 254.89% |
| 2024-09-12 | 254.89% |
| 2024-09-10 | 254.91% |
| 2024-09-06 | 254.90% |
| 2024-09-04 | 254.88% |
| 2024-08-30 | 254.87% |
| 2024-08-28 | 254.86% |
| 2024-08-26 | 254.89% |
| 2024-08-22 | 254.86% |
| 2024-08-20 | 254.86% |
| 2024-08-16 | 254.86% |
| 2024-08-14 | 254.87% |
| 2024-08-12 | 254.89% |
| 2024-08-08 | 254.91% |
| 2024-08-06 | 254.87% |
| 2024-08-02 | 254.87% |
| 2024-07-31 | 254.90% |
| 2024-07-29 | 254.88% |
| 2024-07-25 | 337.63% |
| 2024-07-23 | 337.62% |
| 2024-07-19 | 337.67% |
| 2024-07-17 | 337.63% |
| 2024-07-15 | 337.64% |
| 2024-07-11 | 337.64% |
| 2024-07-09 | 337.64% |
| 2024-07-05 | 337.62% |
| 2024-07-02 | 337.63% |
| 2024-06-28 | 337.65% |
| 2024-06-26 | 337.64% |
| 2024-06-24 | 337.65% |
| 2024-06-20 | 337.65% |
| 2024-06-17 | 337.62% |
| 2024-06-13 | 337.62% |
| 2024-06-11 | 337.68% |
| 2024-06-07 | 337.67% |
| 2024-06-05 | 337.62% |
| 2024-06-03 | 337.66% |
| 2024-05-30 | 337.62% |
| 2024-05-28 | 337.66% |
| 2024-05-23 | 337.63% |
| 2024-05-21 | 337.64% |
| 2024-05-17 | 337.68% |
| 2024-05-15 | 337.66% |
| 2024-05-13 | 337.62% |
| 2024-05-09 | 337.67% |
| 2024-05-07 | 337.63% |
| 2024-05-03 | 422.09% |
| 2024-05-01 | 337.63% |
| 2024-04-29 | 337.63% |
| 2024-04-25 | 212.52% |
| 2024-04-23 | 212.55% |
| 2024-04-19 | 212.57% |
| 2024-04-17 | 212.51% |
| 2024-04-15 | 212.51% |
| 2024-04-11 | 212.57% |
| 2024-04-09 | 212.51% |
| 2024-04-05 | 212.56% |
| 2024-04-03 | 212.51% |
| 2024-04-01 | 212.56% |
| 2024-03-27 | 212.54% |
| 2024-03-25 | 212.57% |
| 2024-03-21 | 212.53% |
| 2024-03-19 | 212.57% |
| 2024-03-15 | 212.51% |
| 2024-03-13 | 212.51% |
| 2024-03-11 | 212.54% |
| 2024-03-07 | 212.57% |
| 2024-03-05 | 212.54% |
| 2024-03-01 | 212.56% |
| 2024-02-28 | 212.52% |
| 2024-02-26 | 212.56% |
| 2024-02-22 | 212.56% |
| 2024-02-20 | 212.55% |
| 2024-02-15 | 212.51% |
| 2024-02-13 | 212.54% |
| 2024-02-09 | 159.39% |
| 2024-02-07 | 269.88% |
| 2024-02-05 | 269.92% |
| 2024-02-01 | 269.90% |
| 2024-01-30 | 269.90% |
| 2024-01-26 | 269.91% |
| 2024-01-24 | 269.92% |
| 2024-01-22 | 269.89% |
| 2024-01-18 | 269.88% |
| 2024-01-16 | 269.93% |
| 2024-01-11 | 269.93% |
| 2024-01-09 | 269.91% |
| 2024-01-05 | 269.89% |
| 2024-01-03 | 269.91% |
| 2023-12-29 | 269.88% |
| 2023-12-27 | 269.91% |
| 2023-12-22 | 269.91% |
| 2023-12-20 | 269.91% |
| 2023-12-18 | 269.92% |
| 2023-12-14 | 269.88% |
| 2023-12-12 | 269.90% |
| 2023-12-08 | 269.89% |
| 2023-12-06 | 269.93% |
| 2023-12-04 | 269.89% |
| 2023-11-30 | 269.93% |
| 2023-11-28 | 269.89% |
| 2023-11-24 | 269.91% |
| 2023-11-21 | 269.91% |
Showing the most recent 260 of 1,417 data points. The chart above shows the full history.
About Healthpeak Properties, Inc.
Healthpeak Properties, Inc. is an S&P 500 constituent operating as a fully integrated real estate investment trust (REIT). The firm is dedicated to the acquisition, management, and development of premier properties essential for both medical research and the provision of healthcare services.
- Sector
- Real Estate
- Industry
- REIT - Healthcare Facilities
- CEO
- Scott Brinker