Key Highlights

  • Janus Living declared monthly common stock dividends of $0.0475 per share for October, November and December 2026.
  • The October dividend is payable on October 28, 2026, to shareholders of record on October 16.
  • Second-quarter FFO as Adjusted was $0.24 per share, up 40%, on consolidated revenues of $216 million, up 45%.
  • On August 4, 2026, the company raised its 2026 diluted EPS range to $0.34 to $0.37 from $0.23 to $0.27.

Janus Living, Inc. (NYSE:JAN), a pure-play senior housing real estate investment trust, declared monthly common stock cash dividends of $0.0475 per share for October, November and December 2026. The October dividend is payable on October 28 to shareholders of record on October 16. The company states the monthly amount as an annualized $0.57 per share.

Dividend Program and Shareholder Returns

The fourth-quarter 2026 declaration sets a monthly dividend of $0.0475 per share. The October dividend has a record date of October 16 and a payment date of October 28. The November dividend has a record date of November 12 and a payment date of November 23. The December dividend has a record date of December 18 and a payment date of December 29.

The company describes the declared amount as reflecting an annualized dividend of $0.57 per share of common stock. The third-quarter dividend, declared on July 8, 2026, was also $0.0475 per share monthly.

In the three months ended June 30, 2026, the company declared and paid common stock cash dividends of $0.1599 per share.

About the Company

Janus Living, Inc. is a pure-play senior housing real estate investment trust listed on the New York Stock Exchange. As of June 30, 2026, it owned a portfolio of 41 senior housing communities with 11,420 units, located primarily in major retirement markets across 13 states. Under its RIDEA or similar structures, the company owns a community directly and contracts with a third-party operator to run daily operations.

Financial Performance Behind the Payout

Second-quarter consolidated revenues were $216 million, up 45%. Net income was $0.05 per share. Adjusted EBITDAre, a non-GAAP measure, was $79 million, up 34%, and FFO as Adjusted, also a non-GAAP measure, was $0.24 per share, up 40%.

Same-store adjusted NOI increased 19.2%, and the margin expanded 250 basis points. Same-store revenues increased 8.4%, driven by 260 basis points of average occupancy growth, along with 5.1% growth in revenue per occupied room. Non-refundable entrance fee sales were $41 million in the quarter.

Two Equity Offerings in Five Months

Janus completed its initial public offering on March 23, 2026, issuing 48,300,000 shares of Class A-1 common stock. The offering generated $966 million in gross proceeds, less $65 million in underwriter fees.

In June 2026 an additional 25,000,000 shares of Class A-1 common stock were issued in a follow-on offering, with gross proceeds of $719 million, less $28 million in fees. The company’s second-quarter release describes the public offering as generating approximately $690 million in net proceeds.

Outlook

Janus Living updated its full-year 2026 guidance on August 4, 2026. Diluted earnings per common share is guided at $0.34 to $0.37, from $0.23 to $0.27 as of May 4. Diluted FFO as Adjusted per share is guided at $0.95 to $0.98, from $0.93 to $0.97. Same-store adjusted NOI growth is guided at 13% to 17%, from 11% to 15%.

FFO as Adjusted, same-store adjusted NOI, occupancy, revenue per occupied room and the board’s monthly declarations are the relevant factors for the dividend.