NorthWest Health Prop Real Est Inv Trust to Issue Monthly Dividend of $0.07 (NWH)
NorthWest Health Prop Real Est Inv Trust (TSE:NWH) declared a monthly dividend on Friday, December 15th, Zacks reports. Investors of record on Friday, December 29th will be given a dividend of 0.067 per share on Monday, January 15th. This represents a $0.80 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date is Thursday, December 28th.
NorthWest Health Prop Real Est Inv Trust (TSE:NWH) traded up C$0.03 during trading on Friday, reaching C$11.19. 79,193 shares of the company were exchanged, compared to its average volume of 140,790. NorthWest Health Prop Real Est Inv Trust has a fifty-two week low of C$9.83 and a fifty-two week high of C$11.70. The stock has a market cap of $1,130.00, a price-to-earnings ratio of 11.54 and a beta of 0.36.
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About NorthWest Health Prop Real Est Inv Trust
NorthWest Healthcare Properties Real Estate Investment Trust is an open‐ended real estate investment trust (REIT). The Company’s objectives are to manage its investments to provide stable, sustainable and growing cash flows through investments in healthcare real estate across the globe; build a diversified, growth‐oriented global portfolio of healthcare properties based on an initial portfolio of investments in Australasia, Brazil, Germany and Canada; capitalize on internal growth and seek accretive healthcare real estate acquisition opportunities in its target international markets, with a focus on Australasia, Brazil, Germany and Canada; grow the value of its assets and maximize the long‐term value of its Trust Units through its management, and provide predictable and growing cash distributions per unit, on a tax‐efficient basis.
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