Strong Financial Performance
Sila Realty Trust reported a 1.7% increase in cash NOI from the first quarter of 2025, reaching $41.9 million. Compared to the second quarter of 2024, cash NOI was up 5%.
Healthy Dividend and Liquidity
The company maintains a healthy dividend with a quarterly cash dividend of $0.40 per share, and ended the quarter with $568.8 million in liquidity.
Successful Acquisitions
Closed approximately $75 million of high-quality acquisitions, including a new Dover healthcare facility and a 2-property MOB portfolio in Southlake, Texas.
Share Repurchase Program
Executed over $7 million of share repurchases at an average price of $24.09 per share, with a new 3-year program approved for up to $75 million.
High Portfolio Lease Percentage
With the removal of the Stoughton asset, the portfolio lease percentage increased to 99.2%.