Primary Health Properties PLC (PHP) to Issue Dividend of GBX 1.35
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.
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.
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