Tim McHugh
Mr. McHugh, age 40, was appointed Co-President & Chief Financial Officer after previously serving as Executive Vice President – Chief Financial Officer.
Highest-materiality recent filing
Welltower raises quarterly dividend 15% to $0.85/share; strong cash flow and pipeline cited
New quarterly dividend of $0.85 per share, a ~15% increase, beginning Q2 2026 (subject to Board approval).
Welltower say-on-pay fails with 81% opposition; all directors elected despite notable against votes
Advisory say-on-pay vote failed: 120.4M for, 515.6M against (81% against).
Welltower registers up to 138,740 resale shares from acquisition and 176,172 OP shares
Filed two prospectus supplements on April 29, 2026 for registration of common stock.
Welltower Q1 normalized FFO $1.47 (+23% YoY), closes C$4.1B Amica acquisition, raises guidance
Net income of $1.02 per diluted share; normalized FFO of $1.47 per diluted share, up 23% YoY.
Welltower enters $6.25B amended credit facility, upsizing revolver by $1.25B
New $6.25B unsecured revolving facility replaces $5B revolver, $1B term loan and CAD 250M term loan.
Welltower Q4 normalized FFO $1.45 (+28.3% YoY); guides 2026 FFO $6.09-$6.25
Q4 normalized FFO $1.45/diluted share (+28.3% YoY); net income $0.14/diluted share.
Welltower enters new $7.5B ATM equity distribution agreement; registers resale and OP shares
New ATM agreement allows sale of up to $7.5B in common stock through 27 sales agents and forward sellers; prior March 2025 agreement terminated.
Welltower Q3 normalized FFO $1.34 (+20.7%); $23B deals including £5.2B Barchester
Q3 normalized FFO $1.34 per diluted share (+20.7% YoY); net income $0.41; SSNOI +14.5% with SHO +20.3%.
Welltower registers 949,412 shares for resale by selling stockholder linked to property acquisition
Up to 949,412 shares of common stock registered for resale by a selling stockholder.
Welltower Q2 normalized FFO $1.28/share, up 21.9% YoY; raises full-year guidance
Reported net income $0.45 diluted EPS; normalized FFO $1.28/share (+21.9% YoY).
Elected nine director nominees with support ranging from 96% to 99.9% of votes cast; Mitra received 576.2M for votes.
Welltower Q1 normalized FFO $1.20/share, +18.8% YoY; raises FY 2025 guidance
Net income $0.40/diluted share; normalized FFO $1.20/diluted share, up 18.8% YoY.
Welltower establishes new $7.5B ATM equity program, terminates prior facility
New ATM program allows sale of up to $7.5B in common stock through multiple agents and forward sellers.
Welltower Q4 normalized FFO $1.13 (+17.7%); raises dividend 10%; 2025 FFO guide $4.79-$4.95
Q4 normalized FFO $1.13/sh vs $0.96 prior year (+17.7%); net income $0.19/sh.
Welltower promotes Chaudhri and McHugh to Co-Presidents; Burkart named Vice Chairman
Nikhil Chaudhri promoted to Co-President & CIO; Tim McHugh promoted to Co-President & CFO, effective Jan 2, 2025.
Welltower director Diana Reid resigns after becoming Freddie Mac CEO; board reduced to 9
Diana W. Reid resigned from Welltower Board effective December 3, 2024.
Welltower enters $5B ATM equity distribution agreement, terminates prior program
New equity distribution agreement allows sales of up to $5B in common stock through sales agents or forward sellers.
Welltower Q3 net income $0.73/sh, normalized FFO $1.11/sh (+20.7% YoY), raises 2024 guidance
Net income $0.73 diluted EPS; normalized FFO $1.11 diluted EPS (up 20.7% YoY).
Welltower registers up to 23.5M shares issuable upon exchange of notes
Filed prospectus supplement for 23,471,419 shares of common stock.
Welltower Q2 normalized FFO $1.05, up 16.7% YoY; dividend raised 10% to $0.67
Net income $0.42 diluted EPS; normalized FFO $1.05, up 16.7% YoY (19.3% excl. subsidies).
Welltower issues business update presentation; no detailed data disclosed
Presentation dated June 3, 2024, made available but detailed content not provided in filing excerpt.
Welltower shareholders approve doubling authorized shares to 1.4B and officer liability limit
Authorized common stock increased from 700M to 1.4B shares; effective May 23, 2024.
Welltower enters $3.5B equity distribution agreement for common stock ATM program
New equity distribution agreement with multiple sales agents and forward purchasers for up to $3.5B of common stock.
Welltower Q1 normalized FFO $1.01, up 18.8% YoY; raises 2024 guidance
Net income $0.22/diluted share; normalized FFO $1.01/diluted share, up 18.8% YoY.
Mr. McHugh, age 40, was appointed Co-President & Chief Financial Officer after previously serving as Executive Vice President – Chief Financial Officer.
Mr. Chaudhri, age 37, was appointed Co-President & Chief Investment Officer after previously serving as Executive Vice President – Chief Investment Officer ("CIO").
On July 29, 2024 , the Board of Directors (the “Board”) of Welltower Inc. elected Andrew Gundlach to the Board to fill the vacancy created by the departure of Philip Hawkins, as disclosed on March 25, 2024.
Max materiality 1.00 · Median 0.65 · Most common event other_material