Welltower Reports Strong Third Quarter 2024 Results

Summary

Welltower Inc. reported robust financial results for the third quarter of 2024, with net income attributable to common stockholders at $0.73 per diluted share and normalized funds from operations (FFO) attributable to common stockholders increasing by 20.7% to $1.11 per diluted share. The company achieved significant portfolio growth, including $2.4 billion in gross investments, and improved its net debt to Adjusted EBITDA ratio to 3.73x. Additionally, the Board declared a quarterly cash dividend of $0.67 per share, marking the 214th consecutive quarterly dividend.