Target Healthcare REIT Ltd (LON:THRL) Declares Dividend Increase – GBX 1.67 Per Share

Target Healthcare REIT Ltd (LON:THRL) announced a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 1.67 ($0.02) per share on Friday, November 29th. This represents a yield of 1.45%. The ex-dividend date is Thursday, November 14th. This is a boost from Target Healthcare REIT’s previous dividend of $1.64. The official announcement can be seen at this link.

THRL stock traded down GBX 0.80 ($0.01) during mid-day trading on Thursday, reaching GBX 115.20 ($1.51). The company had a trading volume of 238,183 shares, compared to its average volume of 220,784. The company has a quick ratio of 2.59, a current ratio of 2.64 and a debt-to-equity ratio of 25.93. The stock has a market capitalization of $529.77 million and a P/E ratio of 14.22. Target Healthcare REIT has a one year low of GBX 1.05 ($0.01) and a one year high of GBX 118.50 ($1.55). The stock’s 50-day simple moving average is GBX 113.34 and its two-hundred day simple moving average is GBX 107.37.

About Target Healthcare REIT

Target Healthcare REIT Limited is a closed-ended property investment company. The Company’s investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long leasehold care homes that are let to care home operators, and other healthcare assets in the United Kingdom.

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Dividend History for Target Healthcare REIT (LON:THRL)

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