MedEquities Realty Trust Inc (NYSE:MRT) announced a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Shareholders of record on Monday, February 19th will be given a dividend of 0.21 per share by the financial services provider on Monday, March 5th. This represents a $0.84 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date of this dividend is Thursday, February 15th.
MedEquities Realty Trust (NYSE:MRT) traded down $0.08 during trading hours on Thursday, reaching $10.59. 169,352 shares of the company’s stock were exchanged, compared to its average volume of 153,155. The firm has a market capitalization of $338.84 and a PE ratio of 27.36. MedEquities Realty Trust has a 1-year low of $10.06 and a 1-year high of $13.06.
MedEquities Realty Trust (NYSE:MRT) last posted its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.13). The company had revenue of $15.77 million during the quarter, compared to analyst estimates of $15.49 million. MedEquities Realty Trust had a return on equity of 5.88% and a net margin of 35.61%. equities research analysts expect that MedEquities Realty Trust will post 1.12 earnings per share for the current fiscal year.
In other MedEquities Realty Trust news, Director Randy L. Churchey acquired 5,300 shares of MedEquities Realty Trust stock in a transaction dated Monday, November 20th. The stock was purchased at an average cost of $10.87 per share, for a total transaction of $57,611.00. Following the completion of the acquisition, the director now directly owns 46,776 shares of the company’s stock, valued at $508,455.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO John W. Mcroberts acquired 18,000 shares of MedEquities Realty Trust stock in a transaction dated Friday, November 17th. The shares were acquired at an average price of $10.74 per share, with a total value of $193,320.00. The disclosure for this purchase can be found here. Insiders have bought 23,600 shares of company stock valued at $254,129 over the last quarter. Corporate insiders own 2.50% of the company’s stock.
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MedEquities Realty Trust Company Profile
MedEquities Realty Trust, Inc is a real estate investment trust (REIT). The Company invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company invests primarily in real estate across the acute and post-acute spectrum of care. It focuses on investing in various types of healthcare properties, including acute care hospitals; skilled nursing facilities; short-stay surgical and specialty hospitals, which focus on orthopedic, heart and other dedicated surgeries and specialty procedures; dedicated specialty hospitals, such as inpatient rehabilitation facilities, long-term acute care hospitals and facilities providing psychiatric care; physician clinics; diagnostic facilities; outpatient surgery centers, and facilities that support these services, such as medical office buildings.
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