Community Healthcare Trust Incorporated (NYSE: CHCT) has announced its results for the third quarter ending September 30, 2023. The company reported a net income of $6.2 million, or $0.22 per diluted common share.

Funds from operations (FFO) totaled $16.5 million, or $0.55 per diluted common share, while adjusted funds from operations (AFFO) were $17.1 million, or $0.57 per diluted common share.

During the quarter, Community Healthcare Trust acquired four properties for approximately $36.4 million and funded one mezzanine loan for a total of approximately $15.0 million.

CEO Timothy G. Wallace said, "We are pleased with our performance this quarter and continue to see opportunities in our markets."

The company also declared a quarterly dividend of $0.4525 per share payable on November 24, 2023, to shareholders of record on November 10, 2023.

Community Healthcare Trust focuses on acquiring and managing healthcare facilities across the United States.