Sila Realty Trust Declares $0.40 Quarterly Dividend, Maintains Payout
Sila Realty Trust, Inc., a healthcare-focused net lease REIT, declared a quarterly cash dividend of $0.40 per share, unchanged from the prior quarter. The dividend represents an annualized payout of $1.60 per share.
Sila Realty Trust, Inc. (NYSE: SILA), a net lease real estate investment trust focused on healthcare properties, declared a quarterly cash dividend of $0.40 per share on February 23, 2026. The dividend matches the previous quarter's payout and represents an annualized distribution of $1.60 per share. Read more dividend announcements.
The dividend will be paid on March 18, 2026, to stockholders of record as of March 6, 2026. The company's dividend payout ratio to adjusted funds from operations was 72.6% for the fourth quarter of 2025.
| Dividend Details | Information |
|---|---|
| Amount | $0.40 per share |
| Frequency | Quarterly |
| Annualized | $1.60 per share |
| Record Date | March 6, 2026 |
| Payment Date | March 18, 2026 |
Fourth Quarter and Full Year 2025 Results
For the quarter ended December 31, 2025, Sila reported net income of $5.0 million, or $0.09 per diluted share. Adjusted funds from operations totaled $30.4 million, or $0.55 per diluted share, while cash net operating income reached $44.0 million.
For the full year 2025, the company generated net income of $33.1 million, or $0.60 per diluted share. AFFO for the year came in at $120.9 million, or $2.18 per diluted share, with cash NOI of $169.9 million. The company declared and paid total distributions of $1.60 per share for the year.
Portfolio and Acquisition Activity
As of December 31, 2025, Sila's portfolio consisted of 140 properties comprising approximately 5.3 million rentable square feet. The portfolio was 98.7% leased with a weighted average remaining lease term of 10.0 years.
During 2025, the company acquired six operating healthcare properties totaling approximately 241,000 rentable square feet for an aggregate purchase price of $148.9 million. The company also fully funded two mezzanine loans totaling $17.5 million for the development of an inpatient rehabilitation facility and a behavioral healthcare facility in Lynchburg, Virginia.
In January 2026, Sila acquired one inpatient rehabilitation facility in Oklahoma City for $43.1 million and sold the Saginaw Healthcare Facility for $14.5 million, generating net proceeds of $14.3 million after transaction costs.
Balance Sheet
The company reported liquidity of approximately $481.3 million as of December 31, 2025, consisting of $32.3 million in cash and cash equivalents and $449.0 million of availability under its unsecured credit facilities. Total principal debt outstanding was $676.0 million, with $525.0 million fixed through 10 interest rate swap agreements.
The weighted average interest rate on total debt outstanding was 4.7%, including the impact of interest rate swaps. Net debt to enterprise value stood at approximately 33.3% as of year-end.