Primary Health Properties PLC (LON:PHP) declared a dividend on Wednesday, January 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 11th will be given a dividend of GBX 1.35 ($0.02) per share by the real estate investment trust on Friday, February 23rd. This represents a dividend yield of 1.15%. The ex-dividend date is Thursday, January 11th. This is an increase from Primary Health Properties’s previous dividend of $1.32. The official announcement can be viewed at this link.

Primary Health Properties (PHP) traded up GBX 113.83 ($1.54) on Wednesday, hitting GBX 115 ($1.56). 519,566 shares of the stock traded hands, compared to its average volume of 476,610. Primary Health Properties has a 1 year low of GBX 105 ($1.42) and a 1 year high of GBX 123.50 ($1.67). The stock has a market capitalization of $718.56 and a PE ratio of 1,150.00.

In related news, insider Harry Abraham Hyman acquired 923 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average cost of GBX 114 ($1.55) per share, for a total transaction of £1,052.22 ($1,426.93). Insiders purchased 1,093 shares of company stock valued at $124,687 over the last 90 days.

PHP has been the subject of several recent analyst reports. Peel Hunt reiterated a “buy” rating and set a GBX 125 ($1.70) price target on shares of Primary Health Properties in a report on Tuesday, December 5th. Liberum Capital reiterated a “hold” rating and set a GBX 120 ($1.63) price target on shares of Primary Health Properties in a report on Thursday, December 14th. Finally, Jefferies Group initiated coverage on shares of Primary Health Properties in a report on Wednesday, November 29th. They set a “buy” rating and a GBX 125 ($1.70) price target for the company.

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About Primary Health Properties

Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users.

Dividend History for Primary Health Properties (LON:PHP)

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