AH Realty Trust leases retail and office properties while moving away from multifamily, construction and financing businesses. Rent from the continuing properties is the income engine to follow.
Business
Diversified-property REIT
Listing
AHRT · New York Stock Exchange
Reporting period
2026-06-30
Dividend schedule
Quarterly
How the business works
Leasing and property operations shape FFO, while financing and transition costs determine what remains. Standard FFO and FFO, As Adjusted are separately reported measures; the latter excludes discontinued operations.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
FFO per share$0.16
Apr 1, 2026 to Jun 30, 2026
Dividend yield9.20%Current regular dividend rate divided by the 2026-10-26 closing price.Earnings yield12.97%2025 Q3 through 2026 Q2 earnings divided by the dated closing price.Trailing four-quarter earnings$0.792025 Q3 through 2026 Q2; FFO per share.Annual dividend rate$0.56The latest regular payment rate expressed over a year. Extra dividends are excluded; future payments can change.Reported annual coverage141.07%Earnings and regular dividends from 2025 Q3 through 2026 Q2.
Dividend payment history
Date or month
Per share
Sep 30, 2026 (ex-dividend)
$0.14
Jun 24, 2026 (ex-dividend)
$0.14
Mar 26, 2026 (ex-dividend)
$0.14
Dec 31, 2025 (ex-dividend)
$0.14
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Financial snapshot: 2026-06-30. Research reviewed 2026-09-20. Compare results for the reporting periods shown. Historical results are not a forecast.
The assets it owns
$1.928 billion total assetsJune 30, 2026 consolidated balance sheet
Reported assets include discontinued operations still on the balance sheet. Accounting values are not appraised property values or fund NAV.
Net real estate investments71.3777%
Discontinued-operation assets9.8504%
Cash and restricted cash1.1519%
Receivables and notes3.7197%
Equity-method investments3.0314%
Lease assets and intangibles8.7828%
Other assets2.086%
Each category divides the reported balance-sheet carrying amount by $1.927964 billion total assets. Net property is after accumulated depreciation. Categories do not overlap.
Nareit FFO diluted per share not normalized or adjusted$0.1600
June-quarter standard FFO was $0.16 per diluted share, adjusted FFO $0.14 and the regular dividend $0.14. The adjusted comparison met the payment without a per-share cushion. Do not combine the two FFO definitions into one trend.
Property rent or mortgage-related income, less operating and financing costs, supplies cash resources. Realized gains, noncash accounting and taxable income can differ materially from cash available for dividends.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
At 2026-06-30, AH REALTY TRUST INC reported $1.928 billion of total assets and $1.213 billion of total liabilities.
Liabilities represented 62.9% of reported assets. This broad balance-sheet measure includes more than borrowing and must not be read as a debt-to-equity ratio. Funding costs and asset losses can both reduce the earnings available to shareholders.
Q2 2026 rental revenue was $52.548 million. GAAP diluted earnings was a loss of $0.25 per share.
FFO and adjusted FFO provide separate operating comparisons, while GAAP retains impairments and other accounting effects. Do not add the three per-share figures together.
Q2 2026 FFO, As Adjusted was $0.14 per diluted common share, compared with standard FFO of $0.16 and a GAAP loss of $0.25.
The adjusted result equals the regular $0.14 quarterly dividend. This does not guarantee later coverage and does not include all capital expenditure needs.
Income and capital are exposed to property sales and transitions, leasing performance and development exposure.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Higher borrowing costs or reduced access to capital can weaken cash available to common shareholders.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Next quarter, compare adjusted FFO with the regular payment and check occupancy, rent and the costs of the portfolio transition.
Fly High context
The dividend has a reported operating match today, but not much room on the adjusted measure. We want the continuing properties to do more of the work next quarter, with less dependence on the portfolio transition.
Public Research notes and limitations
Historical quarterly charts use Nareit FFO, not Normalized FFO or FFO, As Adjusted. Those differently adjusted measures are not combined into a trailing total.
The current estimate uses the company adjusted measure, which excludes discontinued construction, multifamily and real estate financing operations. Standard FFO of $0.16 and GAAP loss of $0.25 remain separate.
Dividend chart labels identify the quarter for which the dividend was declared, not its cash payment quarter. Amounts use exact declarations, not rounded history summaries.
FFO does not measure cash available after all capital expenditures and leasing costs. Equal reported-period coverage does not guarantee future dividends.
Older raw historical price conflicts remain under review and have not replaced current reviewed prices.
The final company notice allocates 20.35% to ordinary dividends and 79.65% to return of capital.
Ordinary, nonqualified
20.35%
Qualified dividends
0%
Capital-gain distributions
0%
Return of capital
79.65%
Tax year: 2025.
Tax details and source
Total ordinary dividends (includes qualified)
20.35%
Section 199A portion (within ordinary dividends)
20.35%
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-01-30
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
